O’Fallon Centre | O’Fallon, IL
Sands Investment Group is Pleased to Present Exclusively For Sale the Mixed Use Strip Center Located at 645 W Hwy 50 in O’Fallon, Illinois. This Opportunity Includes a Mixed-Use Building, That is Well Below Market Rents, Providing For a Secured Investment.
- Mixed-Use Building
- Modified Gross Leases; 70% of Tenants Pay Their Own Utilities; Landlord Pays the Rest of Expenses
- Well Below Market Rents
- Below Replacement Cost
- Strong Mix of Recession and Internet Proof Tenants
- Strong Demographics With a Population of Over 44,335 Residents Making an Average Household Income of $110,340 Within a 3-Mile Radius
- High Median Annual Household Income at $87,226 in a 3-Mile Radius
- Located on W US Hwy 50 Which Sees Over 60,800 VPD
- O’Fallon is the 3rd Largest City in Southern Illinois and is 5-Miles From Scott Air Force Base and 18-Miles From Downtown St. Louis
- Nearby Tenants Include: Sonic, Pizza Hut, Dollar General, Walgreens, Meineke Car Care, Green Mount Rd Motorsports & Harley Davidson, Circle K, Bank of America and More
In Cooperation With ParaSell, Inc., A Licensed Illinois Broker Lic. # 478027307 BoR: Scott Reid – Lic. # 478027307
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