5205 Broadway St Quincy, IL 62305
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 5205 Broadway St
- Property type
- Commercial real estate
Description
This exceptional commercial property boasts a highly visible location on Broadway Street in Quincy, IL, experiencing an average daily traffic count exceeding 20,000 vehicles. The 1,600 square foot west end-cap space presents a fantastic opportunity for businesses seeking high exposure. The property is zoned C2 - Commercial District, offering flexibility for a variety of commercial uses. A 60-month triple net lease is available, with a base rent of $22.00 per square foot. Estimated additional costs include common area maintenance at $2.00 per square foot, property taxes at $3.90 per square foot, and property insurance at $0.40 per square foot. This results in a total estimated lease price of $28.30 per square foot, or approximately $3,773.33 per month. The lease includes four additional 60-month option periods, providing long-term stability for the tenant. The property includes one restroom. This is an ideal location for businesses seeking high visibility and significant foot traffic in a thriving commercial area. Don't miss this opportunity to establish your business in a prime Quincy location.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Quincy
- County
- Adams
- State
- Illinois
- Longitude
- -91.3331
- Latitude
- 39.9359
