601 Lake Land Blvd | Mattoon, IL 61938
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601 Lake Land Blvd
Mattoon, IL 61938
Sonic · Retail Property For Sale
Investment Highlights
- 20 Year Absolute NNN Lease | ?Rare Bite-Sized Price Point Under $1 Million
- Seasoned Location | 20 Years of Continued Operation
- Experienced Operator | 53-Unit Sonic Franchise Guarantee | Strong Financials
- 2% Annual Increases | Strong Hedge Against Inflation
- Proven Resiliency | Pandemic, E-Commerce, & Recession Proof
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
1,555 SF
Building Class
C
Year Built
2001
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.96 AC
Zoning
C3
Parking
26 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
337 ft on Marshall Avenue
Amenities
- Drive Thru
PROPERTY TAXES
| Parcel Number | 07-1-05164-000 | Improvements Assessment | $340,598 |
| Land Assessment | $55,884 | Total Assessment | $396,482 |
PROPERTY TAXES
Parcel Number
07-1-05164-000
Land Assessment
$55,884
Improvements Assessment
$340,598
Total Assessment
$396,482
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