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609 E Jasper, Paris, IL 61944

$250,000
Commercial Property MLS# 3YD-RFGCB-7VLYTW ID: 44733512
$250,000 Get Rates

Retail, Retail – Free Standing - Paris, IL
Subject property was originally constructed in 1969. For the last 45+ years, the building has been leased to the current tenant Monical’s Pizza Corporation. The new lease started in July 2015 and runs through July 2020 with 3 – 5 Year automatic options (unless 90 day notice is given) the features a 25% rental increase in the first option and CPI increases for the remaining options. The Lessor is responsible for the Roof, Structural Components, and the HVAC. Monical’s Pizza (Lessee) is an American regional pizza chain, which as of 2016, consists of over 60 locations in Illinois, Indiana, Missouri and Wisconsin. About half of the locations are franchised, while the others are owned by the corporation. The company was founded in 1959 and is based in Bradley, Illinois.

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Location Information near 609 E Jasper
Offered by Arthur Thoma at Coldwell Banker Commercial Devonshire Realty

Would you like more information regarding this property?
Please call (217) 352-7712.

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Property Features for 609 E Jasper
Status
Market Status
Available
Last Updated
November 21, 2017
Description
Property Type
Commercial Property
Approx. Lot Size
19,256 Acres
Sq. Feet
1,800

Legal/Financial

  • Taxes: 2606.94

Listing Features

  • Property Type: Commercial; Retail
  • Arthur Thoma
  • Coldwell Banker Commercial Devonshire Realty

Data Provided by:
Coldwell Banker

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More information about this $250,000 Commercial Property at 609 E Jasper

This $250,000 Commercial Property at 609 E Jasper in Paris, IL is presented by Arthur Thoma. This $250,000 Commercial Property, located in the 61944 zip code, has the following property features: Property Type, Taxes. This 609 E Jasper Commercial Property, located in Edgar County , is listed under MLS listing number 3YD-RFGCB-7VLYTW and has a listing price of $250,000. You can find more PARIS homes for sale here.