Listed by SVN | Silveri Company
$1,093,871
Absolute NNN Leased Dollar General
Details
Property Type Retail
Sub Type Grocery Store
Square Footage 9,300
Cap Rate 7%
NOI $76,571
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Broker Co-Op Yes
Acreage 1.230
Investment Type Net Lease
Retail | 7.00% CAP | 9,300 SqFt
Marketing description
The SVN Colvin Team is pleased to present this Absolute Triple Net Dollar General in Illinois.
The remaining base lease term runs to June 30, 2030, plus three renewal periods of five years each, with 10% rent increases.
This busy Dollar General is located at a hard corner on busy Highway 136 and surrounded by commercial and residential and just 20 miles from the University of Illinois in Champaign/Urbana. There are over 17,000 people living within a ten mile radius.
Co-listed with IL Broker of Record, Alex Ruggieri at SVN North Star.
Listing Contacts
Listed by SVN | Silveri Company
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$76,571.00
$6,380.92/mo
Valuation Metrics
0
DSCR
7%
Cap Rate
7%
ROI
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