346 Illinois Route 29 - Retail FOR SALE


Pana, IL 62557
$1,228,500 USD
720-604-2220
346 Illinois Route 29, Pana, IL for Sale
$1,228,500 USD
Retail - FOR SALE
1/2
null | 7% Cap Rate

346 Illinois Route 29
Pana, IL 62557


HIGHLIGHTS

  • Extremely low rent and price for a recently constructed Dollar General (compared to many for $2M+)
  • Long-term lease with over 10 years remaining
  • Absolute triple net lease with no landlord responsibilities
  • Positioned at a hard corner along Illinois Route 29, a major thoroughfare in Pana
  • Strong retail trade area featuring AutoZone, Walgreens, McDonald’s, Save A Lot, County Market, Casey’s, Dairy Queen, Subway, and many others
  • Recently constructed building (2021)

FOR SALE DETAILS

PRICE

$1,228,500 USD

PRICE/SF

$135 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Convenience Store, Storefront, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.2 AC

LAND SF

52,272 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Zach WrightThe Boulder GroupMore Info
720-604-2220

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Zach WrightThe Boulder GroupMore Info
720-604-2220

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