6881 11th St - Freestanding FOR SALE


New Milford, IL 61109
$1,394,947 USD
248-227-0817
6881 11th St, New Milford, IL for Sale
$1,394,947 USD
Freestanding - FOR SALE
1/3
null | 7.5% Cap Rate

6881 11th St
New Milford, IL 61109


HIGHLIGHTS

  • 2021 build-to-suit construction for Dollar General with ±11.5 years remaining on an initial 15-year term.
  • Rockford is the fifth most populous city in Illinois, with a total population of approximately ±198,776.
  • Dollar General boasts an investment-grade credit rating of BBB (S&P).
  • Dollar General has ±21,000 locations and plans to continue their expansion for the foreseeable future.
  • Dollar General has a market cap of ±$20 billion.
  • Dollar General has been considered an essential retailer and has proven to be one of the most profitable companies through the COVID-19 pandemic.

OVERVIEW

Matthew M. Fitzgerald License No. 478027547 (IL) (866) 889-0550 Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203

FOR SALE DETAILS

PRICE

$1,394,947 USD

PRICE/SF

$155 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DOLLAR GENERAL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

1.72 AC

LAND SF

74,923 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Meghan CarrollMatthews Real Estate Investment ServicesMore Info
248-227-0817

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Meghan CarrollMatthews Real Estate Investment ServicesMore Info
248-227-0817

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