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SINGLE TENANT NNN DENNY’S 27 Junction Drive | Glen Carbon, IL INVESTMENT SUMMARY

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SINGLE TENANT NNN DENNY’S 27 Junction Drive | Glen Carbon, IL INVESTMENT SUMMARY SINGLE TENANT NNN DENNY’S 27 Junction Drive | Glen Carbon, IL INVESTMENT SUMMARY Colliers is pleased to present the single tenant triple net leased property at 27 Junction Drive West in Glen Carbon, Illinois. The tenant is a Denny’s occupying the total building area of 4,510 square feet, all of which sits on a 50,336 square foot lot. There are approximately 51 parking spaces available that run with the parcel. The property is an outparcel to Walmart and within close proximity to the 270 and 55 Interstates. » Close Proximity to Southern Illinois University Edwardsville & Edwardsville Highschool » Outparcel to Walmart Supercenter » Other Surrounding Retailers Include; PetSmart, Office Max, Applebee’s, Jack in the Box, KFC, Jimmy John’s, Little Caesars Pizza, Aldi, Walgreens, Sam’s Club and Lowe’s Home Improvement Store. 27 JUNCTION DR | GLEN CARBON, IL COLLIERS INTERNATIONAL ExecutiveEXECUTI SummaryVE SUMMARY SINGLE TENANT NNN PROPERTY LOCATION DENNY’S GLEN CARBON| ILLINOIS 27 Junction Drive Glen Carbon, Illinois 62034 OFFERING SUMMARY Price $1,725,000 SUBJECT PROPERTY Current NOI / Cap Rate $112,933/ 6.5% TROY ROAD Rentable Building Area 4,510 SF Lot Size 50,336 SF/ 1.16 AC Built/ Renovated 1998 JUNCTION DRIVE WEST ±51 Spaces Parking 11 per 1,000 SF 142152304402015 / APN 140618535 INVESTMENT HIGHLIGHTS » Out parcel to Walmart Super-center, Office Max, Goodwill, PetSmart » Located in Retail Hub of the Region. COTTONWOOD ROAD » High Average Household Income » Great Building and Monument Signage GLEN CARBON ROAD 27 JUNCTION DR | GLEN CARBON, IL COLLIERS INTERNATIONAL POPULATION 1 - Mile 3 - Miles 5 - Miles GLEN CARBON, ILLINIOS The Village of Glen 2022 Projection 7,252 39,035 62,222 Carbon is a vibrant and growing community located twenty minutes northeast of 2017 Estimate 6,983 38,251 60,908 downtown St. Louis in Madison County, Illinois. Individuals that want to live and shop in Glen 2010 Census 6,503 36,799 58,521 Carbon have direct access to Interstate I-270 through two exit/entrance points at Illinois Historical Annual Growth 2010-17 7.39% 3.94% 4.08% Route 157 and Illinois Route 159. Interstate 55 and Interstate 70 are also just minutes away. Average Household Income $87,093 $92,220 $92,036 In 2009, Glen Carbon was ranked among the “Top 100 Best Places to Live” by CNN Money Magazine. Glen Carbon has a population of 12,974 and is praised for its wide selection of affordable housing, park land, bike and walking trail systems. Glen Carbon is home to a variety of quaint restaurants and shops as well as retail shopping areas and is well known for its annual “Homecoming Celebration” held every June. The Village of Glen Carbon is less than five minutes from the Southern Illinois SUBJECT PROPERTY University Campus and has direct access to the Madison County Transit system which is well known in the Southwest region of the State. The Village of Glen Carbon is definitely a place you want to be, and as many of our residents say, “If you are lucky enough to call Glen Carbon home, you are lucky enough.” Source:http://www.glen-carbon.il.us 27 JUNCTION DR | GLEN CARBON, IL COLLIERS INTERNATIONAL SINGLE TENANT NNN DENNY’S GLEN CARBON| ILLINOIS Los Angeles Office 865 S. Figueroa St. | Suite 3500 | Los Angeles, CA 90017 Christopher Maling David Maling Erin Torney Joe Hill Craig Stevens +1 213 532 3292 +1 213 532 3291 Local Agent Local Agent License No: 00454919 Lic. No. 01025809 Lic. No. 01139115 +1 314 584 6215 +1 314 584 6213 +1 213 534 3252 [email protected] [email protected] [email protected] [email protected] [email protected].
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