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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
19320555

601 S Main, Carrollton, IL 62016

RC
MO 1999024539
Cissell Mueller Company LLC
Listed by Cissell Mueller Company LLC
$1,200,000
682 days on market
Updated 28 days ago

Dollar General - Carrollton

Details
Property Type Retail
Sub Type Convenience Store
Square Footage 10,640
Cap Rate 7.38%
NOI $88,596
Tenancy Single
Brand/Tenant Dollar General
Lease Expiration 09/30/2032
Remaining Term 6.3
Rent Bumps Yes
Price per SqFt $113
Year Built 2023
Buildings 1
Stories 1
Zoning Commercial
Investment Type Net Lease
Tenant Credit Corporate Guarantee

Retail | 7.38% CAP | 10,640 SF

Marketing description

Property Details:

Building Area: 10,640 SF

Site: .75 AC

Year Built: 2023

Guarantor: Dollar General Corpora􀆟on

Appraised in 2022: $1,407,000

Former Kroger Tenant - Finish-to-Suit

Lease Overview:

Remaining Lease Term: 8 Year

Lease Expires: 09/30/32

Lease Type: NNN

Options: Three, (5) Year Options

Commencement Date: 09/20/2022

Monthly Rent: $7,387.62

Annual Rent: $88,596.00

Three 5-year Options with 10% Increases

Investment highlights

Property Details:

Building Area: 10,640 SF

Site: .75 AC

Year Built: 2023

Guarantor: Dollar General Corpora􀆟on

Appraised in 2022: $1,407,000

Former Kroger Tenant - Finish-to-Suit

Lease Overview:

Remaining Lease Term: 8 Year

Lease Expires: 09/30/32

Lease Type: NNN

Options: Three, (5) Year Options

Commencement Date: 09/20/2022

Monthly Rent: $7,387.62

Annual Rent: $88,596.00

Three 5-year Options with 10% Increases

Listing Contacts

RC
MO 1999024539
Cissell Mueller Company LLC
Listed by Cissell Mueller Company LLC

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$88,596.00
$7,383.00/mo

Valuation Metrics

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DSCR
7.38%
Cap Rate
7.38%
ROI

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