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100 S Martin Luther King Jr Drive

Springfield, IL 62703
  • $0
  • STATUS: Active
  • ON SITE: 26 Days
  • ID#: CA164218
$0
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial-Lease
County:
Area:

School Ratings & Info

Description

Lease Price for Entire Building: $4.25/sf(3n).Lease Price for Portion of Building: $5.25/sf(3n). High Visibility Location w/ Excellent access to Interstates 55 & 72 via Clear Lake Ave.Corner Lot on Washington St & Martin Luther King Jr Dr.Owner is a building contractor with a willingness to do renovations at below market cost.Owner willing to cap Pass Thru Expense cost (RE Taxes, Insurance, & Maintenance) at $3.00/sf for first 5 yrs of lease.Daily Traffic Count: 8,500.Abundant Parking.Owner may consider a sale.



© 2023 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Ashley Coker Team | The Real Estate Group. Data last updated: 2023-02-07T23:45:11.397.
www.ashleycoker.com/homes/136016315
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100 S Martin Luther King Jr Drive Springfield, IL 62703

  • Price: $0
  • Status: Active
  • On Site: 26 Days
  • ID#: CA164218
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Springfield
County:
Sangamon
Area:
Springfield
Property Description
Lease Price for Entire Building: $4.25/sf(3n).Lease Price for Portion of Building: $5.25/sf(3n). High Visibility Location w/ Excellent access to Interstates 55 & 72 via Clear Lake Ave.Corner Lot on Washington St & Martin Luther King Jr Dr.Owner is a building contractor with a willingness to do renovations at below market cost.Owner willing to cap Pass Thru Expense cost (RE Taxes, Insurance, & Maintenance) at $3.00/sf for first 5 yrs of lease.Daily Traffic Count: 8,500.Abundant Parking.Owner may consider a sale.
Property Features

Agent Owned No Disclosed Short Sale No For Lease YN Yes For Sale YN No Foreclosure YN No Lease Type Net Net Operating Income -18449 Possible Use IndustrialOfficeOther Tax Annual Amount 18448.88 Type Commercial Zoning I-1

Listing provided courtesy of Samuel Nichols of True Commercial Real Estate: sam@truecres.com.
© 2023 RMLS Alliance, LLC. All Rights Reserved.


© 2023 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Ashley Coker Team | The Real Estate Group. Data last updated: 2023-02-07T23:45:11.397.
 
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Ashley Coker Team | The Real Estate Group
3701 W. Wabash Ave.
Springfield IL, 62711