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106 Magnolia Dr
Forsyth, IL 62535
 Dollar General · Retail Property For Sale

Retail Buildings Illinois Forsyth 106 Magnolia Dr, Forsyth, IL 62535

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INVESTMENT HIGHLIGHTS

  • Located along North Route (11,000 VPD) & within proximity to Interstate 72 (13,000 VPD)
  • Absolute NNN lease – No landlord responsibilities
  • Long-term lease - 14+ years remain
  • Across from Menards and Hickory Point Mall (Kohl’s, Hobby Lobby, Ross, Bath & Body Works, Von Maur, and many others
  • Investment grade tenant – S&P: BBB
  • Average household income exceeds $103,000 within 3 miles

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,621 SF
Building Class
B
Year Built
2025
Price
$2,269,742
Price Per SF
$213.70
Cap Rate
6.35%
NOI
$144,129
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
0.91 AC

PROPERTY TAXES

Parcel Number 07-07-14-301-003 Improvements Assessment $0
Land Assessment $52,187 Total Assessment $52,187

PROPERTY TAXES

Parcel Number
07-07-14-301-003
Land Assessment
$52,187
Improvements Assessment
$0
Total Assessment
$52,187
 

  • Listing ID: 39026112

  • Date on Market: 1/9/2026

  • Last Updated:

  • Address: 106 Magnolia Dr, Forsyth, IL 62535

More public record information on 106 Magnolia Dr, Forsyth, IL 62535

The Retail Property at 106 Magnolia Dr, Forsyth, IL 62535 is currently available for Sale. Contact The Boulder Group for more information.

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