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2707 E Sangamon Ave
Springfield, IL 62702

$1,031,250 USD

Storefront For Sale  •  11,000 SF

Property Details

• Property Type Storefront
• Total Building Size 11,000 SF
• Lot Size 1.24 AC
• Building Class C
• Year Built 2000
• Cap Rate 8.00 %
• Tenancy Single
• Zoning S-2

30 Transit Score

39 Walk Score

Highlights

2017 retrofit for Dollar Tree

Dollar Tree recently extended their lease early to a full 9-year term, proving their commitment to the location and market

Corporately guaranteed lease

Three, 5-Year renewal options all of which include a $.50/SF rent increase

5-Mile population of 88,476 residents

Average household income of $69,505 annually

Property Flyers

Dollar-Tree-Springfield-IL-OM

Cap Rate:

8.00 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Dollar Tree

Public Transportation

Commuter Rail	Drive	Walk	Distance
	10 min	-	3.8 mi
Airport	Drive	Walk	Distance
Abraham Lincoln Capital	9 min	-	3.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes