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109 Brennan Drive, Kirkland, IL

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109 Brennan Drive

Kirkland, IL 60146-8550 - Far Northwest Submarket


Property Type:Retail Sub Type:- Status:Existing Year Built:2015
Building Size:9,100 SF Land Area:-
For Sale Price:$1,355,461 Price/SF:$148.95
Cap Rate:-



Sale Notes:
Stan Johnson Company, on behalf of Ownership, as its exclusive advisor, is pleased to offer for sale the opportunity to acquire the fee simple interest in the Dollar General located at 109 Brennan Drive in Kirkland, IL (the Property ). The Property is comprised of a newly constructed 9,100 square foot store on a 1.28-acre tract of land.

The Property is operated by and leased to DG Retail, LLC, a subsidiary of Dollar General Corporation (S&P: BBB/Stable) who fully guarantees all lease obligations. As noted in the Lease Abstract, investors have the opportunity to acquire a 14-year+ absolute NNN lease that features no management responsibilities, a 3% bump in Year 11 and includes five (5), five (5) year renewal options with 10% rental increases at the start of each option.


LemRx Realty Advisors
Carl Lopa
(925) 263-2088

  
Stan Johnson Company
Bradley Feller
(312) 240-0194

Isaiah Harf
(312) 777-2437




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