64 Bel Vis Trl Lebanon, IL 62254
This exceptional investment opportunity presents a 6,000 square foot auto shop in Lebanon, IL, leased to Big Tex Trailer, America's #1 professional-grade trailer manufacturer. The property boasts a strong corporate guarantee from Bain Capital-owned American Trailer Works, ensuring financial stability. Currently operating under a Net Lease (NN) agreement with a 2.5-year remaining lease term (5-year lease with a 5-year option), the property offers a 7.61% cap rate and a healthy NOI of $78,000. The lease includes a 2% rent bump at renewal. Situated on a 2.26-acre lot at 64 Bel Vista Trail, this location provides significant industrial outdoor storage capacity, a highly sought-after asset class. Its strategic location on Highway 50, one exit from I-64, offers easy access to St. Louis, within a 30-minute drive. The property benefits from tenant synergy with nearby businesses such as Sunbelt Rentals and SRS Distributions. The asking price is $1,025,000. This is a rare opportunity to acquire a well-located, high-performing asset with a strong tenant and significant upside potential. The below-market rent is easily replaceable given the warehouse and outdoor storage components. This property offers a secure investment with a strong return.
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.