450 W Cumberland Rd - Retail FOR SALE


Brownstown, IL 62418
$1,350,000 USD
248-962-5054
450 W Cumberland Rd, Brownstown, IL for Sale
$1,350,000 USD
Retail - FOR SALE
1/5
null | 6.85% Cap Rate

450 W Cumberland Rd
Brownstown, IL 62418


HIGHLIGHTS

  • Absolute NNN lease with no landlord operating responsibilities.
  • Corporate Dollar General tenancy with lease term through September 2037.
  • Constructed in 2022 with modern building systems and improvements.
  • Located along U.S. Route 40 with access to Interstate 70 nearby.
  • Three five-year renewal options with 10% rent increases.
  • Adjacent to the Fayette County Fairgrounds.

OVERVIEW

The opportunity consists of a corporate-guaranteed Dollar General investment located at 450 W Cumberland Road in Brownstown, Illinois. Constructed in 2022, the property is leased to Dollar General under an absolute net lease structure, providing investors with a passive ownership profile with tenant responsibility for taxes, insurance, maintenance, roof, parking lot, HVAC, and CAM expenses. The lease extends through September 30, 2037, with approximately 11 years of remaining term and three additional five-year renewal options featuring 10% rental increases at each option period. Positioned along U.S. Route 40, one of the primary transportation corridors serving the Brownstown area, the property benefits from direct visibility and accessibility within the local trade area. The location is approximately two miles from the Interstate 70 interchange, providing regional connectivity across southern Illinois and access to surrounding communities. The site is adjacent to the Fayette County Fairgrounds and serves a market characterized by limited immediate retail competition, supporting the property's role as a convenient retail destination for area residents. Dollar General is one of the largest discount retailers in the United States, operating thousands of locations nationwide and maintaining a long-standing presence in rural and small-town markets. The combination of a newer construction asset, long-term corporate tenancy, absolute net lease structure, and contractual rent growth through renewal options presents an opportunity for investors seeking predictable income backed by a nationally recognized retailer.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$128 USD /SF

CAP RATE

6.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.55 AC

LAND SF

67,518 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Joseph ZehiaAPEX Commercial Real Estate AdvisorsMore Info
248-962-5054

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Joseph ZehiaAPEX Commercial Real Estate AdvisorsMore Info
248-962-5054

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