Retail Space For
For Sale
Contact for pricing
709 North Ct, Grayville, IL 62844
Retail space available with healthy rent and high cap.
Property Size12,000 SF
Price / SF$72.42
Days on Market175
Property Features for 709 North Ct
General Information
Standard status
Active
Size
12,000 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$80,040
Building Details
Year Renovated
2023
Tenancy
Single
Listing Agency:
Fortis Net Lease
(248) 419-3810
Listed By:
Bryan Bender · License #MI 6501319610
Source:
Crexi
Added: Feb 26
Changed: Aug 12
Last Checked: Aug 20 at 7:48AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fortis Net Lease
Investment Insights
Based on property information with market context.
This retail space, comprising 12,000 square feet, is available for sale. The property features a capitalization rate of 9.21% and generates healthy rental income per square foot. The property is suitable for plus size format retail.
Key Highlights
- 9.21% CAP Rate offers a strong return on investment.
- Plus Size Format provides ample space.
- Healthy Rent/$P‑ft indicates good rental income potential.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
129
Businesses Nearby
5k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
4,825 visits/mo
0.2 miles
Demographics for 62844, IL
1,930
Population
936
Households
2.1
Avg Household Size
48
Median Age
13%
College-Educated
88%
High-School Grad
46.8 sq mi
ZIP Area
41
Density / Sq Mi
$49,659
Median Household Income
$33,663
Median Earnings
$646
Median Rent
$81,900
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?
Retail space - Retail space available with healthy rent and high cap.
Where is this retail space located?
The property is located at 709 North Ct Grayville, IL.
What is the asking price?
The asking price for this property is $869,000.
What are key features of this property?
This property features: 9.21% CAP Rate offers a strong return on investment.; Plus Size Format provides ample space.; Healthy Rent/$P‑ft indicates good rental income potential.
