Elite Dental and Goodwill - Chillicothe, IL | 607 S 4th St
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Elite Dental and Goodwill - Chillicothe, IL 607 S 4th St
9,500 SF 100% Leased Retail Building Chillicothe, IL 61523 £630,428 (£66/SF) 8.50% Net Initial Yield
Investment Highlights
- This 9,500 SF Multi-Tenant Building is Directly Adjacent to the Kroger Grocery Plaza, the Largest Grocery Hub Within a 10-Mile Radius;
- The Property is Anchored By Marcin Dental Who Has Occupied the Property For Over 20 Years, Proving Their Long-Term Commitment
- A Tenant Since 2020, Goodwill Industries of Central IL Serves 21 Counties Throughout Central IL
- An Investor Has the Opportunity to Add Significant Value By Leasing the Remaining 3,000 SF of Space
- Marcin Dental Partners is Owned By Elite Dental Partners; With Over 100 Locations in 12 States
Executive Summary
Sands Investment Group is Pleased to Present Exclusively For Sale the 9,500 SF Kroger Anchored Multi-Tenant Building Tenanted By Marcin Dental and Goodwill Industries. The Site is Positioned Directly Adjacent to a Kroger Grocery Store in Addition to a CVS Pharmacy, Providing For a Secure Investment.
In Cooperation With Sands Investment Group Illinois, LLC - Lic. #481013714 BoR: Andrew Ackerman Lic. IL #471021429
In Cooperation With Sands Investment Group Illinois, LLC - Lic. #481013714 BoR: Andrew Ackerman Lic. IL #471021429
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
9,500 SF
Building Class
B
Year Built
2002
Price
£630,428
Price Per SF
£66
Net Initial Yield
8.50%
NOI
£53,573
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.23
Land Acres
0.93 AC
Zoning
Commercial
Parking
20 Spaces (2.11 Spaces per 1,000 SF Leased)
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Goodwill
- Retailer
- 2,000 SF
- -
- Mar 2025
- Marcin Dental
- Health Care and Social Assistance
- 4,551 SF
- -
- Aug 2026
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| Goodwill | Retailer | 2,000 SF | - | Mar 2025 | ||
| Marcin Dental | Health Care and Social Assistance | 4,551 SF | - | Aug 2026 |
PROPERTY TAXES
| Parcel Number | 05-29-451-019 | Improvements Assessment | £204,699 |
| Land Assessment | £31,671 | Total Assessment | £236,371 |
PROPERTY TAXES
Parcel Number
05-29-451-019
Land Assessment
£31,671
Improvements Assessment
£204,699
Total Assessment
£236,371
-
Benjamin Brigham -
Evan Beeson -
Sands Investment Group Santa Monica, LLC
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Elite Dental and Goodwill - Chillicothe, IL | 607 S 4th St
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