Alton Corners Shopping Center 309-319 Homer M Adams Pky

309-319 Homer M Adams Pky , Alton, Illinois, 62002 | 50,063 sq.f | $ 10,710,000

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About This Restaurant

Investment Highlights

Petco Anchored Retail Center Minimal Near Term Lease Rollover Located on Main Retail Corridor E-Commerce Resistant Tenant Mix Scheduled Rent Increases

Executive Summary

Property Details

  • Sale Type    Investment
  • Property Type    Retail Retail General Retail Fast Food General Retail Restaurant General Retail Storefront Retail
  • Building Size    50,063
  • Building Class    B
  • Year Built    2002
  • Price    10,710,000
  • Price Per SF    214
  • Cap Rate    7.75
  • NOI    830,025
  • Percent Leased    93
  • Tenancy    Multiple
  • Building Height    1 Story
  • Building FAR    0.16
  • Land Acres    7.09 AC

Property Taxes

Parcel Number 23-2-07-01-06-102-006 23-2-07-01-05-103-037 Improvements Assessment $269,410
Land Assessment $1,772,160 Total Assessment $2,041,570
Date Created: 2024-07-16 04:13:39 Last Updated: 2024-07-16 04:13:39
Address: 309-319 Homer M Adams Pky , Alton, Illinois, 62002