715 Mccambridge Ave, Madison, IL 62060
Single-tenant freestanding Family Dollar investment offering an Absolute NNN structure with zero landlord responsibility.
- Added:
- Jun 11, 2026
- Days on Market:
- 12
- Last Refresh:
- Jun 20 at 4:54 am
Property Features for 715 Mccambridge Ave
General Information
- Standard status
- Active
- Size
- 9,180 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2017
Listing agent Robert Michil License #MI 6505433330
Listing office Elevate Net Lease
Listing date Jun 11, 2026
Source Crexi
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 Elevate Net Lease
HighLights
- Single‑tenant freestanding Family Dollar property built in 2017
- Absolute NNN lease structure with zero landlord responsibility
- High traffic location with 15,500+ vehicles per day on McCambridge Ave
- Population exceeds 24,000 within 3 miles and 100,000 within 5 miles
- Located at 715 McCambridge Ave, Madison, IL 62060
- About 15 miles from St. Louis Lambert International Airport
Overview
The property is located at 715 Mccambridge Ave in Madison, Illinois, within the St. Louis MSA. The public remarks cite high traffic on McCambridge Ave of 15,500+ vehicles per day, and population figures of more than 24,000 within a 3-mile radius and 100,000 within a 5-mile radius. The remarks also note the location is approximately 15 miles from St. Louis Lambert International Airport.
For investors seeking a single-tenant retail asset with an Absolute NNN framework, this property is positioned around an essential neighborhood retailer use. The combination of freestanding format and the stated traffic and population draw can support a practical fit for buyers looking for a straightforward, income-oriented retail holding under a structure described as requiring no landlord responsibility.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $165.2k | $18.00 |
| − Vacancy | −$4.3k | −$0.47 |
| EGI | $160.9k | $17.53 |
| − OpEx | −$48.3k | −$5.26 |
| NOI | $112.7k | $12.27 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Madison
- State
- Illinois
- Longitude
- -90.148349
- Latitude
- 38.682374
