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406 N Keller Dr 600 SF Retail Building Effingham, IL 62401 $1,712,025 CAD ($2,853.37 CAD/SF) 4.80% Cap Rate
Executive Summary
This premier commercial property offers a rare opportunity to acquire a high-performance retail asset occupied by The Human Bean. Featuring a secure NNN lease structure, this investment provides a steady, hands-off income stream with zero landlord management responsibilities. The building is strategically situated on a major highway corridor, benefiting from exceptional visibility, high daily traffic counts, and effortless access for daily commuters. This purpose-built drive-thru facility is perfectly positioned to capture the area’s growing demand for premium specialty coffee, making it an ideal addition to any passive income portfolio or 1031 exchange.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
600 SF
Building Class
B
Year Built
2022
Price
$1,712,025 CAD
Price Per SF
$2,853.37 CAD
Cap Rate
4.80%
NOI
$82,177 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
0.56 AC
Parking
9 Spaces (15 Spaces per 1,000 SF Leased)
Frontage
78’ on North Keller Drive
Nearby Major Retailers
Property Taxes
| Parcel Number | 0316007034 | Improvements Assessment | $87,984 CAD |
| Land Assessment | $143,440 CAD | Total Assessment | $231,425 CAD |
Property Taxes
Parcel Number
0316007034
Land Assessment
$143,440 CAD
Improvements Assessment
$87,984 CAD
Total Assessment
$231,425 CAD
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Presented by
Elite Realty
406 N Keller Dr
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