1608 Georgetown Rd | Tilton, IL 61833
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- LoopNet Team
1608 Georgetown Rd
Tilton, IL 61833
Family Dollar · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Offered at $921,379, representing a 9.00% capitalization rate
- NN+ lease structure with minimal landlord obligations limited to roof, structure, and lot replacement
- ±10,380 SF building situated on a ±1.53-acre parcel with ±53 parking spaces
- Lease guaranteed by Family Dollar Corporation (corporate guarantee)
- Originally constructed in 1979 and fully renovated in 2013 for Family Dollar; the property has been well maintained
- Family Dollar has operated at this location since 2013 and has exercised an option to extend
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,380 SF
Building Class
C
Year Built/Renovated
1979/2013
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.16
Lot Size
1.53 AC
PROPERTY TAXES
| Parcel Number | 23-20-100-006 | Improvements Assessment | $133,766 |
| Land Assessment | $20,507 | Total Assessment | $154,273 |
PROPERTY TAXES
Parcel Number
23-20-100-006
Land Assessment
$20,507
Improvements Assessment
$133,766
Total Assessment
$154,273
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