Search
Restaurant Property with Additional Lots
New
For Sale
$575,000

706 Walnut Street, Murphysboro, IL 62966

An established pizza operator occupies the restaurant under a long-term NNN lease, with terms negotiable between the parties.

Property SizeContact for details
Days on Market3

Property Features for 706 Walnut Street

General Information

Standard status Active
Property subtype Commercial
Listing Agency: HOUSE 2 HOME REALTY
Listed By: Maggie Cook · License #RMA157729
Source: Ashleycoker
Added: Oct 12 Changed: Oct 13 Last Checked: Oct 13 at 2:23AM

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 HOUSE 2 HOME REALTY

Investment Insights

Based on property information with market context.

The restaurant at 706 Walnut Street is occupied by Martel’s Pizza, an established local business. The property is offered with a long-term NNN lease; lease terms are negotiable between the tenant and new owner.

The sale also includes four additional lots in Murphysboro, Illinois, alongside the restaurant property.

Key Highlights

  • Occupied by Martel’s Pizza, an established local restaurant
  • Long‑term NNN lease; terms negotiable between the tenant and new owner
  • Sale includes four additional lots

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Parking Lot & Garage Grocery & Convenience Store Furniture & Home Goods (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

458
Businesses Nearby
42k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 85% Shops & Services 10% Hotels & Casinos 5%
McDonald's Dining
22,864 visits/mo 0.4 miles
Hardee's Dining
7,573 visits/mo 0.3 miles
SUBWAY Dining
3,559 visits/mo 0.5 miles
Regions Bank Shops & Services
2,797 visits/mo 0.2 miles
Holiday Inn Express Hotels & Casinos
1,942 visits/mo 0.5 miles

Demographics for 62966, IL

14,026
Population
7,125
Households
2
Avg Household Size
43
Median Age
23%
College-Educated
90%
High-School Grad
111.0 sq mi
ZIP Area
126
Density / Sq Mi
$54,242
Median Household Income
$32,109
Median Earnings
$681
Median Rent
$117,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - An established pizza operator occupies the restaurant under a long-term NNN lease, with terms negotiable between the parties.
Where is this conventional restaurant located?
The property is located at 706 Walnut Street Murphysboro, IL.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Occupied by Martel’s Pizza, an established local restaurant; Long‑term NNN lease; terms negotiable between the tenant and new owner; Sale includes four additional lots
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again