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1 S Commercial St
Harrisburg, IL 62946

$2,272,727 USD

Freestanding For Sale  •  10,125 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 10,722 SF
  • Lot Size 1.13 AC
  • Building Class C
  • Year Built 1998
  • Cap Rate 6.60 %
  • Tenancy Single
40 Walk Score

Highlights

Investment Grade - Credit rating of BBB from S&P.
Long-Term Lease - Approximately 12 years remaining through June 2038.
25-Year Operating History - This pharmacy location has been continuously operated since the building was constructed in 1998.
Anchored Trade Area - The immediate market is supported by Walmart Supercenter, Kroger, ALDI, McDonald’s, and the 77-bed SIH Harrisburg Medical Center
Strong Regional Access - Harrisburg is served by the convergence of four highways (U.S. 45 and Illinois 13, 145, and 34), positioning it as the region
5% Rental Escalations - Built into each of the four 5-year renewal option periods.

Property Flyers

Cap Rate: 6.60 %

Major Tenants

Tenant SF Occupied Lease End Date
CVS Pharmacy 6/30/2038
Randy Blankstein 847-562-0003 The Boulder Group
Randy Blankstein 847-562-0003 The Boulder Group