Mixed Use Strip Center

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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Absolute NNN Restaurant Property

Denny’s | O’Fallon, IL

Sands Investment Group is Pleased to Present Exclusively For Sale the 5,234 SF Denny’s Absolute NNN Restaurant Property Located at 737 W Hwy 50 in O’Fallon, Illinois. This Deal Includes 9 Years Left on an Absolute Triple Net (NNN) Lease With No Landlord Responsibilities, Providing For a Secure Investment.

  • 9 Years Left on an Absolute Triple Net (NNN) Lease With No Landlord Responsibilities
  • Strong Hedge Against Inflation With 1.5% Annual Increases
  • 20 Year Long-Term Operating History
  • Recently Remodeled Which Shows a Strong Commitment to the Location
  • Strong Guaranty Backed By Sunrise Restaurants LLC Which is a Subsidiary of WKS Corporation, the Largest Denny’s Franchisee in the Nation
  • Buyer Will Have the Benefit of Receiving $73,950.84 of Deferred Rent From the Tenant Starting January of 2022
  • Affluent Residential Neighborhood With a Population of 85,556 Residents Making a Well Above Average Household Income of $102,153 Within a 5-Mile Radius
  • Blocks From St. Elizabeth’s Hospital Which is the Premier Hospital in Illinois With Over 140 Beds
  • 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

View Similar Investment Opportunities

Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities