Retail Space
220 McCambridge Avenue Madison, IL 62060
Details & Description
Price: $937,000
    SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NN leased, freestanding, Dollar General investment property located in Madison, Illinois (St. Louis MSA). The tenant has over 4 years remaining in their initial lease term with 4 (5-year) options to extend. The lease features 5% rental increases at the beginning of each option period, growing NOI and hedging against inflation. The lease is NN with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. Headquartered in Charlotte, North Carolina, Dollar General is a nationally recognized brand with over 15,000 locations.
    Listing Agents
    Dan Elliott

    O: 312-279-5342
    dan.elliot@srsre.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    220 McCambridge Avenue

    Madison, IL 62060

    Listing ID: 253440
    • 220 McCambridge Avenue Madison, IL 62060 | for Sale | Photo 1
    • 220 McCambridge Avenue Madison, IL 62060 | for Sale | Photo 2
    220 McCambridge Avenue | for Sale | Thumbnail 1
    220 McCambridge Avenue | for Sale | Thumbnail 2
    Building Size: 9,012 SF
    Lot Size: --
    Land Size: --
    Building $/SF: $103.97
    Land $/SF:
    Price
    $937,000
    Description

    SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NN leased, freestanding, Dollar General investment property located in Madison, Illinois (St. Louis MSA). The tenant has over 4 years remaining in their initial lease term with 4 (5-year) options to extend. The lease features 5% rental increases at the beginning of each option period, growing NOI and hedging against inflation. The lease is NN with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. Headquartered in Charlotte, North Carolina, Dollar General is a nationally recognized brand with over 15,000 locations.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    St Louis History of Retail Space for Sale

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    Madison Area Market Trends

    Listing Demographics for 220 McCambridge Avenue Madison, IL 62060

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population2,98525,128107,073
    Population Median Age413938
    Population by Age0-9 Yrs389 (13%)3223 (12%)13391 (12%)
    10-19 Yrs251 (8%)2920 (11%)13399 (12%)
    20-29 Yrs445 (14%)3228 (12%)15724 (14%)
    30-39 Yrs396 (13%)3385 (13%)14892 (13%)
    40-49 Yrs264 (8%)2980 (11%)11941 (11%)
    50-59 Yrs433 (14%)3509 (13%)14705 (13%)
    60-69 Yrs427 (14%)3372 (13%)12553 (11%)
    70+ Yrs379 (12%)2512 (9%)10467 (9%)
    Median HH Income$24,950$34,106$33,699
    Total Household Income< 24K728 (50%)4482 (41%)18821 (39%)
    25-49K387 (26%)2488 (22%)11881 (24%)
    50-74K158 (10%)1898 (17%)7373 (15%)
    75-99K77 (5%)918 (8%)3911 (8%)
    100-199K98 (6%)961 (8%)4692 (9%)
    200K+5 (0%)85 (0%)854 (1%)
    Highest Education LevelNo Diploma353273012152
    Diploma or GED798666524278
    Some College618489118620
    Assoc. Degree25517545998
    Bachelors Degree16811377616
    Higher Degree294704650
    Total Housing Units1,97013,67761,847
    --Owner-Occupied7565,52220,441
    --Renter-Occupied6965,31027,091
    Owner-Occupied Values< 100K665450714273
    100-199K516774331
    200-299K392881228
    300-399K012144
    400-499K011106
    500K+127358
    Total Working Age Population2,47419,95985,370
    In Work Force1,43611,71749,796
    Not In Work Force1,0388,24235,574
    Workforce Employed1,23310,36844,271
    Workforce Unemployed2031,3495,357
    Civlian Workforce1,43611,71749,628
    Military Workforce00168
    Total Households1,45310,83147,532
    Family Households7466,45723,898
    Non-Family Households7074,37423,634
    Married Couple3283,30810,749
    Other Family4173,14913,149
    Married w/Child1161,0393,352
    Single Male w/Child212541,031
    Single Female w/Child2261,5006,164

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Illinois12,419,293+312,830,632+1214,316,487+615,138,849
    Madison County258,941+4269,282+6285,586+4296,342
    St. Clair County256,082+5270,056-6253,924-4243,453
    Missouri5,595,211+75,988,927+76,389,850+66,746,762
    St. Charles County283,883+27360,485+22439,068+14499,126
    St. Louis County1,016,315-2998,954-3967,196-1956,817
    St. Louis city348,189-8319,294+10350,3850349,004

    Total Working Age Population:

    Total Households:

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    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 220 McCambridge Avenue in Madison?
    The asking price for 220 McCambridge Avenue is $937,000
    What is the building size of this Retail property in Madison, IL?
    The size of the building/unit at 220 McCambridge Avenue in Madison is 9,012 square feet
    What kind of Retail is the propery at 220 McCambridge Avenue?
    The property at 220 McCambridge Avenue Madison, IL 62060 is listed as a Free Standing Building Retail property
    What is the population within 1 mile of 220 McCambridge Avenue in Madison?
    The population within 1 mile of 220 McCambridge Avenue Madison, IL 62060 is 2,985 people.
    Who do I contact for questions about 220 McCambridge Avenue?
    You should contact the listing agent, Dan Elliott, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    St Louis Lambert International Airport (STL) 13
    Scott AFB/Midamerica Airport (BLV) 19
    Abraham Lincoln Capital Airport (SPI) 84