Corporate-Guaranteed NNN
New
For Sale
Contact for pricing
450 West Cumberland Road, Brownstown, IL 62418
An occupied 2022-built retail asset carries an Absolute NNN lease with renewal options and scheduled 10% increases.
Property Size10,566 SF
Lot Size1.55 Acres
Price / SF$127.77
Days on Market5
Property Features for 450 West Cumberland Road
General Information
Standard status
Active
Size
10,566 SF
Lot size
1.55 Acres
Property subtype
Retail
Occupancy
100%
Net Operating Income
$92,434
Financials
Asking Price
$1,350,000
Cap Rate
6.85%
Gross Income
$92,434
Additional Details
Highway Access
Yes
Building Details
Year Built
2022
Tenancy
Single
Listing Agency:
APEX Commercial Real Estate Advisors
Listed By:
Sal Yaldo · License #6501443637
(248) 702-0940
Source:
Crexi
Added: Sep 2
Changed: Sep 5
Last Checked: Sep 5 at 2:49PM
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 APEX Commercial Real Estate Advisors
Investment Insights
Based on property information with market context.
This 10,566-square-foot retail property occupies 1.55 acres at 450 West Cumberland Road in Brownstown, Illinois. Completed in 2022, the building is 100% occupied under an Absolute NNN lease supported by a corporate guaranty. The current lease term runs through September 2037, with approximately 11 years remaining and three additional 5-year renewal options. Each renewal option includes a 10% rental increase.
The property is positioned along U.S. Route 40, approximately two miles east of the I-70 interchange. Its setting adjacent to the Fayette County Fairgrounds places the site near an established local activity destination. The lease structure, renewal provisions, and scheduled increases provide clearly defined occupancy and term details for review.
The property is positioned along U.S. Route 40, approximately two miles east of the I-70 interchange. Its setting adjacent to the Fayette County Fairgrounds places the site near an established local activity destination. The lease structure, renewal provisions, and scheduled increases provide clearly defined occupancy and term details for review.
Key Highlights
- 10,566‑square‑foot retail property on 1.55 acres
- 2022 construction with 100% occupancy
- Absolute NNN lease with corporate guaranty
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
69
Businesses Nearby
Explore this area
Business Placement
Demographics for 62418, IL
2,027
Population
876
Households
2.3
Avg Household Size
41
Median Age
10%
College-Educated
89%
High-School Grad
93.8 sq mi
ZIP Area
22
Density / Sq Mi
$57,969
Median Household Income
$41,531
Median Earnings
$785
Median Rent
$133,400
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 - An occupied 2022-built retail asset carries an Absolute NNN lease with renewal options and scheduled 10% increases.
Where is this nnn property located?
The property is located at 450 West Cumberland Road Brownstown, IL.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 10,566‑square‑foot retail property on 1.55 acres; 2022 construction with 100% occupancy; Absolute NNN lease with corporate guaranty
