1620 E Jackson Macomb, IL 61455

Listing agency NorthMarq - Newport Beach Show Phone

Listed by Brett Butler · License #TX 558227

Source Crexi

Added: Apr 11 Updated: Jul 22 at 8:14AM Checked: Jul 22 at 8:14AM

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Investment Insights

Based on property information with market context.

The property consists of a freestanding 2,600 SF retail building on a 0.46-acre outparcel to Farm King along E Jackson St. It is described as brand-new, build-to-suit construction and is offered with a remaining term of 8.3 years through January 2031. The property is 100% leased, with the lease guaranteed by United States Cellular Operating Company, LLC, a wholly-owned subsidiary of United States Cellular Corp.

According to the provided materials, the outparcel is located on E Jackson St with 14,246 VPD. The offering is positioned as a passive investment with limited landlord obligations and an income stream net of all operating expenses.

The property is presented as a credit-backed, guaranteed income stream through the specified period, with insulating landlord from near-term capital expense exposure as described in the remarks.

Key Highlights

• 2,600 SF freestanding retail property on a 0.46‑acre outparcel at 1620 East Jackson St, Macomb, IL.
• 0.46‑acre outparcel to Farm King on E Jackson St with 14,246 VPD (vehicle volume).
• 100% leased with income guaranteed by United States Cellular Operating Company, LLC.

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FAQs

What type of property is this?

Storefront property - Freestanding retail outparcel property is 100% leased and fee simple offered to United States Cellular Operating Company, LLC.

Where is this storefront property located?

The property is located at 1620 E Jackson Macomb, IL.

What are key features of this property?

This property features: 2,600 SF freestanding retail property on a 0.46‑acre outparcel at 1620 East Jackson St, Macomb, IL.; 0.46‑acre outparcel to Farm King on E Jackson St with 14,246 VPD (vehicle volume).; 100% leased with income guaranteed by United States Cellular Operating Company, LLC.