Listed by King Realty Advisors
$917,333
Dollar General - Shawneetown, IL
Details
Property Type Retail
Sub Type Dollar Store
Square Footage 9,014
Cap Rate 7.5%
NOI $68,800
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type NN+
Lease Expiration 05/31/2030
Remaining Term 4
Rent Bumps No
Lease Options three 5-year remaining
Price per SqFt $102
Broker Co-Op Yes
Year Built 2007
Buildings 1
Acreage 0.740
Investment Type Stabilized
Tenant Credit Corporate Guarantee
Lease Commencement 10/02/2007
Ground Lease No
Dollar General | 7.25% CAP | Corporate Guarantee
Marketing description
Built in 2007, this DG has undergone recent CapEx including roof coating, parking lot seal, and restriping. The Lease was just renewed for 5 years, the sale includes a TIF note providing additional cashflow, and can include an additional .75 acre pad site adjacent to building.
Investment highlights
Built for DG in 2007
Corporate Guarantee
5yr Option Just Exercised
Meticulously Maintained
Listing Contacts
Listed by King Realty Advisors
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$68,800.00
$5,733.33/mo
Valuation Metrics
0
DSCR
7.5%
Cap Rate
7.5%
ROI
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