2083 Keokuk St Hamilton, IL 62341
This exceptional retail investment property, located at 2083 Keokuk Street in Hamilton, Illinois, presents a compelling opportunity for discerning investors. The 9,100 square foot building is currently under an absolute NNN lease, eliminating all landlord responsibilities. The lease boasts a significant remaining term of 6.5 years, with three 5-year options to extend. Each renewal option includes a 10% increase in the rental rate, providing built-in growth potential. The property benefits from a prime location on a main thoroughfare, experiencing an average annual daily traffic count of 4,050 vehicles on US Highway 136. The surrounding demographics are strong, with a three-mile household income averaging $64,000 and a population of 38,700 within a ten-mile radius. Further enhancing the investment's security is the corporate guaranty provided by a BBB investment-grade tenant. This turnkey investment offers a stable income stream with significant long-term upside, making it an ideal addition to any portfolio. The property sits on a 0-acre lot and is classified as retail space. The asking price for this exceptional opportunity is $1,225,000.
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Dollar General Discount Store
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Western Union Bank Credit Union
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Redbox Cinema (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.