Sunrise Center II 1334 Central Park Dr Local commercial 1 527 m² 100 % Loué À vendre O'Fallon, IL 62269 2 657 909 € (1 740,77 €/m²) Taux de capitalisation 8,20 %

• 100% Occupied 16,435 Square-Foot Strip Center Located in O’Fallon, IL | Part of the St. Louis-MSA with Over 2.8m People
• Situated in Regions #1 Retail Corridor with Over 2.7m Square-Feet of Retail |Immediately Surrounded by Major Traffic Drivers Including: Walmart (Ranks Top 30% with Over 2.5m Customers Per Year), Sam’s Club (Ranks Top 18% with Over 2.1m Customers Per Year), and Marcus Theaters (Ranks Top 7% in Country with Over 600k Customers Per Year)
• Premier Strip Center which Caters Extremely Well to Regional Demographics | National & Regional Service-Base/ Ecommerce-Proof Tenant Mix Which Includes Restaurant/Food, Medical Supplies, Financial, Indoor Golf, and Martial Arts
• Major Tenants Include BB.Q Chicken, Ray’s Restaurant, DP Golf Indoors, Global Medical, One Main Financial, and Song Martial Arts
• 5/6 Tenants have Annual Rental Increases | Major NOI Growth During Base-Term
• BB.Q Chicken | One of the Fastest Growing Franchises in the World with Over 3,500 Locations Across 57 Counties | Ranks Top 20% In Country and #1 Location in Illinois Per Placer.Ai | Major Traffic Driver for Center with Over 53,600 Customers Per Year
• Modest but Growing Rental Rates Currently Averaging Only $15/SF | BB.Q Chicken Just Signed New Leases at $17.34/ SF which is 14% Higher Than Center Average and Includes 2% Annual Bumps | Global Medical Signed Lease in 2023 at $16/SF which is 6% Higher Than Center Average
• Song Martial Arts and One Main Financial are Sites Longest Standing Tenants with Over 18.5-Years of Operational History | Accounts for 30.43% of GLA | No Remaining Options Beyond Current Term
• Landlord Favorable NNN Lease Structures | Full Recapture of Operating Expenses Including Taxes, Common Area Maintenance, Insurance + 3rd Party Management Fees
• Prime Hard-Corner Location Seeing Over 24,427 Vehicles Per Day | Situated Less Than 0.3 Miles from I-64 On/Off Ramp | I-64 Sees Over 78,800 Vehicles Per Day
• Dense and Affluent Demographics with Population Counts of 42,296 People within 1-Miles, 91,623 People within 3-Miles | Average Household Income In Excess of $115,000
• Consumer Spending within 5-Miles Exceeds $1.265 Billion Per Year | Region Includes Major Names Such as: Target (2 locations within 5-mile radius), Schnucks, HomeDepot, Burlington, Golf Galaxy, Dick’s, Hobby Lobby, HomeGoods, Lowe’s, Menards, Dierbergs, Aldi, Fresh Thyme, Chick-Fil-A, Raising Cane’s, Texas Roadhouse, Culvers, Starbucks, Chipotle, an Array of Small Shops
• O’Fallon is the 2nd Largest City in the Metro-East Region + Southern Illinois | Only 18-miles from Downtown St. Louis | St. Louis-MSA is the 23rd Largest Metro in the US | Home to Over 2.8m People | HQ for 10 Fortune 500 Companies + 6 Fortune 1000 Companies