Price $741,771 | Built/Renov 1992 | Tenant State of Illinois - Department of Veterans Affairs |
Cap Rate 8.75% | Lease Type
Modified Gross | Guarantor Corp Rated |
Size/SF
8,910
| Lease Start
02-01-2022
| #Units
103
|
Price/SF $83.25 | Expiration
01-31-2027
| Tenant Type Government |
NOI $64,905 | R. Term 3.1 | Ownership Fee Simple |
Rent/SF
$7.28
| Increases 2.0%/1/yrs | Pop 5Mi 121,186 |
Lot/AC 0.45 | Options 1/5yrs/2% | AHHI 5Mi $70,904 |
| |
The 6 State of Illinois buildings & The Illinois Coalition Against Domestic Violence building are available as a portfolio or individually. They are strategically positioned three blocks south of the Illinois State Capitol Building. The portfolio is surrounded by a number of state-tenanted buildings such as CyberDrive Illinois, the Illinois State Museum, the Archives, the Library, the Attorney...
...New roof
Dense 100M+ pop 5 mi
Corporate Guarantee
Credit rated company
The Illinois Department of Veterans’ Affairs (IDVA) is the department of the Illinois state government that assists veterans and their families in navigating the system of federal state and local...
1 Miles | 3 Miles | 5 Miles | |
2028 Total Population : | 12,536 | 79,459 | 119,395 |
2023 Total Population : | 12,765 | 80,473 | 120,353 |
2023 Employed Civilian Pop : | 6,235 | 36,528 | 56,156 |
2023 Total Businesses : | 1,505 | 4,319 | 6,137 |
2023 Average Household Income : | $ 70,177 | $ 69,765 | $ 81,396 |
2023 Total Consumer Spending : | $ 386 M | $ 2281 M | $ 3871 M |
2023 Median Age : | 36 | 39 | 41 |
2023 Total Households : | 6,275 | 37,308 | 54,715 |
2023 Pop Age 25+: Bachelor's Degree : | 1,911 | 9,801 | 17,132 |
2023 Average Home Value : | $ 156,343 | $ 162,516 | $ 185,502 |
Collection Street | Cross Street | Year | Traffic Vol | Distance |
S 2nd St | E Allen St | 2017 | 5,150 | 0.06 mi |
E Allen St | S 2nd St | 2017 | 1,150 | 0.08 mi |
W Scarritt St | Spring St | 2017 | 550 | 0.09 mi |
Spring St | W Canedy St | 2017 | 2,550 | 0.14 mi |
W Canedy St | Spring St | 2017 | 600 | 0.16 mi |
S 4th St | E Scarritt St | 2017 | 2,050 | 0.16 mi |
Spring St | W Vine St | 2017 | 2,900 | 0.19 mi |
S 2nd St | E Canedy St | 2017 | 5,100 | 0.19 mi |
S College St | W Canedy St | 2017 | 550 | 0.22 mi |
S College St | W Vine St | 2012 | 250 | 0.23 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]