1608 Georgetown Rd - Freestanding FOR SALE
Tilton, IL 61833 |
$522,746 USD
732-832-5414
1608 Georgetown Rd
Tilton, IL 61833
HIGHLIGHTS
- Offered at $921,379, representing a 9.00% capitalization rate
- Lease guaranteed by Family Dollar Corporation (corporate guarantee)
- NN+ lease structure with minimal landlord obligations limited to roof, structure, and lot replacement
- Originally constructed in 1979 and fully renovated in 2013 for Family Dollar; the property has been well maintained
- ±10,380 SF building situated on a ±1.53-acre parcel with ±53 parking spaces
- Family Dollar has operated at this location since 2013 and has exercised an option to extend
FOR SALE DETAILS
PRICE
$522,746 USD
PRICE/SF
$50 USD /SF
CAP RATE
9%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Family Dollar
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1979
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.53 AC
LAND SF
66,647 SF
ZONING
-
APN/PARCEL ID
23-20-100-006
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732-832-5414
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732-832-5414
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