302 State Rte 161 - Retail FOR SALE
Albers, IL 62215 |
$1,872,000 USD
720-604-2220
302 State Rte 161
Albers, IL 62215
HIGHLIGHTS
- Located in the St. Louis MSA approximately thirty miles from Downtown St. Louis
- Long-term lease with 15 years remaining
- Brand-new construction store scheduled to open in July 2026
- 5% rental increases every five years
- Extremely affluent area with average annual household income of approximately $130,000 within three miles
- Absolute triple net lease with no landlord responsibilities
FOR SALE DETAILS
PRICE
$1,872,000 USD
PRICE/SF
$207 USD /SF
CAP RATE
6.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General
PROPERTY TYPE
Retail
ADD'L SUBTYPES
Convenience Store, Freestanding, Supermarket
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2026
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.19 AC
LAND SF
51,836 SF
ZONING
-
APN/PARCEL ID
11-10-11-475-053
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720-604-2220
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720-604-2220
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