1 Sunset Dr

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1 Sunset Dr

mount-vernon, IL 62864
Asking Price
$2.65M
Asset Type
Retail
Class
Class B

What's Special

1 Sunset Drive is situated in a prominent commercial corridor in Mount Vernon, Illinois. The property is located near the intersection of Broadway Street and 42nd Street, benefiting from its proximity to major regional thoroughfares, including Interstate 57 and Interstate 64. The surrounding neighborhood is characterized by a high density of national retailers, dining establishments, and lodging facilities. Accessible via multiple curb cuts, the site is well-positioned to capture local traffic and commuters traveling through Jefferson County. The asset’s location and visibility make it suitable for a variety of retail applications, including general merchandise, specialty boutiques, or showroom space. The typical tenant profile includes established regional operators or national franchises seeking proximity to the area's existing commercial hub. With its versatile floor plan and high-traffic surroundings, the property is an ideal fit for businesses focused on consumer goods or service-oriented retail seeking a stable presence in the Mount Vernon market.

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NOI
$80,000
Cap Rate
3.02%
DSCR
0.51
Underwater
Cash-on-Cash
-9.71%
Monthly Payment
$13,086.017
Annual Cash Flow
$-77,032.202

Location & Travel Times