1003 13th St - Freestanding FOR SALE


Viola, IL 61486
$1,131,000 USD
612-432-9935
1003 13th St, Viola, IL for Sale
$1,131,000 USD
Freestanding - FOR SALE
1/4
null | 7.5% Cap Rate

1003 13th St
Viola, IL 61486


HIGHLIGHTS

  • Exclusive market presence with no competing Dollar Store concepts, solidifying Dollar General’s role as the primary everyday needs retailer for Viola
  • Absolute Triple Net (NNN) Lease with zero landlord responsibilities, providing for a truly passive investment.
  • Corporate guaranteed lease backed by Dollar General Corporation (NYSE: DG), an investment grade rated tenant (S&P: BBB)
  • Dollar General has a proven, recession-resistant retail concept that targets core customers in smaller communities.
  • 3, 5-year renewal options with 10% rental increases at each option period

OVERVIEW

We are pleased to exclusively offer for sale the 9,100 SF Dollar General located at 1003 13th Street in Viola, IL. This deal includes an Absolute Triple Net (NNN) Dollar General with zero landlord responsibilities, providing for a truly passive and secured investment. In Cooperation With Sands Investment Group Illinois, LLC – Lic. #481013714 BoR: Andrew Ackerman – Lic. IL #471021429 In Association with Scott Reid & ParaSell, Inc. | Costa Mesa, California | A Licensed Iowa Broker #F06134000 and a Licensed Wisconsin Broker #938545-91 | Licensed in AL, AR, AZ, CA, CO, CT, DC, FL, GA, ID, IL, IA, IN, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY

FOR SALE DETAILS

PRICE

$1,131,000 USD

PRICE/SF

$124 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General - Viola, IL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

31

LAND DETAILS

LAND ACRES

1.11 AC

LAND SF

48,352 SF

ZONING

-

APN/PARCEL ID

11-11-15-200-072,11-11-15-200-074

ASK ABOUT THIS PROPERTY

Evan BeesonSands Investment GroupMore Info
612-432-9935

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Evan BeesonSands Investment GroupMore Info
612-432-9935

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.