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1201 W Main St 3,000 SF Retail Building Carbondale, IL 62901 $706,222 CAD ($235.41 CAD/SF) 10% Cap Rate

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Executive Summary

GOOD INVESTMENT! This 3000 sq. foot Subway building is currently for sale only. It is leased to Subway for 5 years at $53,820 annually NNN., giving it a 10% cap rate. At the end of the lease there is a 7% increase if the lease is renewed. The site is located on the west side of Carbondale next to Scooter's coffee, close to Schnuck's grocery plaza, Legion's
Bank, Burger King and across from Walgreen's.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,000 SF
Building Class
C
Year Built
2008
Price
$706,222 CAD
Price Per SF
$235.41 CAD
Cap Rate
10%
NOI
$70,622 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.79 AC
Zoning
C - Commercial
Walk Score®
Very Walkable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Schnucks
Regions Bank
CrossFit
Starbucks

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 15-20-259-045
  • 15-20-259-023
Land Assessment
$41,603 CAD
Improvements Assessment
$150,442 CAD
Total Assessment
$192,045 CAD
  • Listing ID: 34960613

  • Date on Market: 2025-02-27

  • Last Updated:

  • Address: 1201 W Main St, Carbondale, IL 62901

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