NVA Veterinary Anchored Multi-Tenant Portfolio | Alton, IL
Sands Investment Group is Pleased to Present Exclusively For Sale the NVA Veterinary Anchored Multi-Tenant Portfolio in Alton, IL. Priced Attractively at Under $79 PSF, This 26,650 SF Two Building Portfolio Spans Over 3.76 Acres and Offers a Diverse In-Place Tenant Mix, Along With Additional Value-Add Components Through Leasing Up the Vacancies, Providing For a High Yield Investment.
- Two Buildings Across Two Separate Parcels Totaling 3.76 Acres Featuring 26,650 SF of Retail/Office Space With an Attractive Price Per Square Foot of Less Than $79 PSF
- Diverse Tenant Mix: A Well-Balanced Mix of Retail, Medical, and Service-Oriented Tenants That Cater to a Wide Range of Consumer Needs, Insulated From E-Commerce Competition
- Value Add Opportunity: 21% Vacancy Presents an Immediate Opportunity For an Investor to Increase the Rental Income By Filling Vacancy
- NVA Pope Animal Hospital Recently Signed a 10-Year Lease; NVA Boasts Over 1,400 Total Locations Nationwide and Serves as a Stronger Anchor to the Center
- Proven Long-Term Tenancy: Average Length of Tenancy is Over 10 Years
- The Property is Near Dozens of National Tenants and Nearby Traffic Drivers Including: The Alton Square Mall, Target, PetCo, Ross Dress For Less, Big Lots, Wendy’s, Burger King, Taco Bell, Home Depot, Among Many Others
- Just Off of Illinois State Route 3, Alton’s Primary Retail Corridor That Sees Over 23,000 VPD
- Located Less Than 15 Minutes From St. Louis, Missouri, the 21st Biggest MSA in the Country With Over 2,800,000 People
In Cooperation With Sands Investment Group Illinois, LLC – Lic. #481013714 BoR: Andrew Ackerman – Lic. IL #471021429
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