Freestanding NNN Retail
For Sale
Contact for pricing
317 Lake Land Blvd, Mattoon, IL 61938
Fully occupied automotive retail building with an NNN lease structure and renewal options.
Property Size6,914 SF
Price / SF$169.01
Days on Market8
Property Features for 317 Lake Land Blvd
General Information
Standard status
Active
Size
6,914 SF
Total Parking Spaces
33
Property subtype
Retail
Zoning
Commercial (C-3)
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$92,897
Building Details
Year Built
2015
Buildings
1
Tenancy
Single
Listing Agency:
Savills
Listed By:
Addison Williams · License #MI 6501406933
Source:
Crexi
Added: Aug 10
Changed: Aug 16
Last Checked: Aug 15 at 4:05PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Savills
Investment Insights
Based on property information with market context.
Built in 2015, this freestanding retail property contains 6,914 square feet and is fully occupied by Advance Auto Parts. The building serves as an automotive parts retail location and is situated at 317 Lake Land Blvd in Mattoon, Illinois.
The lease is structured on an NNN basis, with the landlord responsible only for the structure and foundation. Its primary term runs through August 31, 2030, with more than four years remaining and three additional five-year renewal options. Each option period includes an approximately 5% rental increase. The property is zoned Commercial (C-3).
The lease is structured on an NNN basis, with the landlord responsible only for the structure and foundation. Its primary term runs through August 31, 2030, with more than four years remaining and three additional five-year renewal options. Each option period includes an approximately 5% rental increase. The property is zoned Commercial (C-3).
Key Highlights
- 6,914‑square‑foot freestanding retail building built in 2015
- 100% occupied by Advance Auto Parts
- NNN lease with landlord responsibility limited to structure and foundation
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
49
Businesses Nearby
Explore this area
Business Placement
Demographics for 61938, IL
20,768
Population
10,299
Households
2
Avg Household Size
42
Median Age
23%
College-Educated
90%
High-School Grad
126.5 sq mi
ZIP Area
164
Density / Sq Mi
$54,288
Median Household Income
$39,651
Median Earnings
$771
Median Rent
$109,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Fully occupied automotive retail building with an NNN lease structure and renewal options.
Where is this nnn property located?
The property is located at 317 Lake Land Blvd Mattoon, IL.
What is the asking price?
The asking price for this property is $1,168,519.
What are key features of this property?
This property features: 6,914‑square‑foot freestanding retail building built in 2015; 100% occupied by Advance Auto Parts; NNN lease with landlord responsibility limited to structure and foundation
