602 Woodlawn Rd
Lincoln, IL 62656

$1,454,000 USD

Storefront Retail Office For Sale • 5,800 SF

Property Details

Property Type Storefront Retail Office
Total Building Size 5,800 SF
Lot Size 0.49 AC
Building Class B
Year Built 2024
Tenancy Multiple
Zoning GB

0 Transit Score

59 Walk Score

                
                    Highlights
                
                                5,800 Square Foot Two-Tenant Retail Strip
                            
                                100% Occupied | Anchored by Central Illinois Urgent Care & OSF Healthcare
                            
                                Zero Lease Rollover until 2029
                            
                                Rare 3% Annual Rent Increases in Renewal Options for both Tenants
                            
                                Lincoln Urgent Care Operates a Triple Net Lease | OSF Lease is Gross – Upside Potential for Future Investor to Convert to NNN
                            
                                Adjacent to both CVS and Walgreens