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1125 E Main St
Carbondale, IL 62901

Applebee's · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
5,404 SF
Building Class
B
Year Built
1995
Tenancy
Single
Number of Floors
1
Building FAR
0.10
Lot Size
1.29 AC
Zoning
Commercial Business - GENERAL BUSINESS
Parking
115 Spaces (21.28 Spaces per 1,000 SF Leased)
Frontage
143 ft on East Main Street

About 1125 E Main St , Carbondale, IL 62901

Tiktin Real Estate Investment Services is pleased to present this Applebee’s restaurant located at 1125 East Main Street in Carbondale, Illinois. The restaurant was built in 1995. This 5,404 SF building sits on a 1.41 acre lot. At the close of escrow, the seller will sign a 15 year Triple Net (NNN) lease. The lease will provide for zero landlord responsibilities, 10 percent increases every 5 years and four, 5-year options. Annual rent will be initially set at $143,863 per year. The property offers direct frontage, signage, and access along East Main Street (SR-13), which experiences traffic counts in excess of 17,000 vehicles per day. Additionally, this Applebee’s is located just under 1 mile from the intersection of SR-13 and SR-51, which are the largest state highways going through Carbondale. This Applebee’s is surrounded by national retailers and is an outparcel of the University Mall, a regional mall with over 40 stores featuring national tenants such as Ross Dress For Less, American Eagle, Bed Bath & Beyond, and Old Navy.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-22-202-017
Land Assessment
£96,666
Improvements Assessment
£286,512
Total Assessment
£383,179
  • Listing ID: 17281323

  • Date on Market: 24/09/2019

  • Last Updated:

  • Address: 1125 E Main St, Carbondale, IL 62901

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