520 Edwardsville Rd - Freestanding FOR SALE


Troy, IL 62294
$1,315,384 USD
720-615-6402
520 Edwardsville Rd, Troy, IL for Sale
$1,315,384 USD
Freestanding - FOR SALE
1/7
null | 6.5% Cap Rate

520 Edwardsville Rd
Troy, IL 62294


HIGHLIGHTS

  • Minimal Responsibilities - Net lease structure making it ideal for passive income
  • Median household income above $97,000 in immediate area
  • Below Market Rents - Offers strong mark-to-market upside at lease rollover

OVERVIEW

Johnson Net Lease is pleased to present a Net Lease Investment Opportunity with Dollar Tree in Troy, IL – a newly constructed, 9,000 SF retail property located in a strong demographic market with a median household income exceeding $97,000. This offering provides a rare opportunity to own a predictable, cash-flowing asset backed by a nationally recognized tenant. The property is strategically positioned to benefit from continued growth in the area, and the new construction ensures minimal near-term capital expenditure.

FOR SALE DETAILS

PRICE

$1,315,384 USD

PRICE/SF

$146 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar Tree

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.73 AC

LAND SF

31,799 SF

ZONING

Commercial

APN/PARCEL ID

09-2-22-08-02-201-022

ASK ABOUT THIS PROPERTY

Trevin LindstromJohnson CRE LLCMore Info
720-615-6402

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Trevin LindstromJohnson CRE LLCMore Info
720-615-6402

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