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Canton, IL NNN Properties for Sale

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Cuba, IL Banner, IL Fairview, IL Farmington, IL Lewistown, IL Glasford, IL Elmwood, IL Maquon, IL
Canton Retail Building For Sale
Updated: Jan 15, 2025
Canton Retail Building For Sale

638 N Main St, Canton, IL

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3,250 sqft 0.44 AC lot
20‑Year Net Lease with (4) 5‑Year Options to Renew and 10% Rental Increases Every 5 Years
Lease is Guaranteed by LBE Holdings, with 64 Units, and had Totaling $87,000,000 in 2023
Excellent Site‑Level Visibility – Property has Frontage Along Main Street (12,300+ VPD)
TriStar Ventures Operates 26 Units Throughout IL and IN, & Generated Approx. $30,000,000 in Revenue in 2023
3,250+/- SF Building on 1.12+/- Acre Site
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Canton, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Freestanding Family Dollar Double-Net
Freestanding Family Dollar Double-Net

1099 North Cole Street, Bushnell, IL 61422

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10,500 sqft

Freestanding Family Dollar on a corner with a Double Net lease structure and corporate guarantee.

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Retail and Office Multi-Tenant Property
Retail and Office Multi-Tenant Property

7700 North Grand Prairie Drive, Peoria, IL 61615

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22,210 sqft 2.42 AC lot

Multi-tenant retail and office property with 14 units and a surface parking lot directly accessible to the buildings.

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Hardee’s NNN Fast-Food Restaurant
Hardee’s NNN Fast-Food Restaurant

220 Green Street, Bushnell, IL 61422

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3,371 sqft

20-year net lease starting Aug 2022 with renewal options and step rent increases on a Hardee’s fast-food site.

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Brinks Absolute Net Industrial Portfolio
Brinks Absolute Net Industrial Portfolio

6200 W Plank Rd, Peoria, IL 61604

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Two absolute net lease facilities occupied by Brinks, with new five-year extensions at both locations.

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Canton, IL Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Canton, IL on our real estate platform. These investment opportunities span a total of 3,250 square feet of properties for sale.

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Demographics Overview

Population 16K
Population Growth (5Y) -4.2%
Median Household Income $56,618
College Educated 22.7%

Taxes & Financing

Tax Rate (average for all types) 9.07%
Tax Rate vs County Average 0.04 pp below county avg
Average Loan-to-Value 65.0%

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