608 S Main St | Hillsboro, IL 62049
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608 S Main St
Hillsboro, IL 62049
CVS, True NNN, NO Landlord Responsibilities · Retail Property For Sale
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
7,865 SF
Building Class
C
Year Built/Renovated
1965/1997
Tenancy
Single
Number of Floors
1
Building FAR
0.20
Lot Size
0.90 AC
Frontage
205 ft on Main st
About 608 S Main St , Hillsboro, IL 62049
Completely Passive, True NNN CVS Property with Corporate Guaranty. CVS renewed early for 10 years, there are over 13 years remaining on the lease and 5% increases every 5 years starting on January 1, 2022. Guaranteed rent was doubled and percentage rent was taken out. Well under a 2% rent to sales ratio, sales of over $600 psf. Email for a complete OM. Property has been a drug store since 1965, and CVS has been a tenant since 1997.
PROPERTY TAXES
| Parcel Number | 16-11-232-013 | Improvements Assessment | £82,622 |
| Land Assessment | £22,261 | Total Assessment | £104,884 |
PROPERTY TAXES
Parcel Number
16-11-232-013
Land Assessment
£22,261
Improvements Assessment
£82,622
Total Assessment
£104,884
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