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- LoopNet Team
1642 N Main St
Benton, IL 62812
Retail Property For Sale
PROPERTY FACTS
ABOUT 1642 N MAIN ST , BENTON, IL 62812
Dollar General | Low Price Point | Long Term Lease The subject offering is a single-tenant Dollar General investment located in Benton, Illinois. The store was constructed in 2000 and has a firm term lease through August 2025 with two five-year renewal options thereafter. Dollar General has exercised renewal options at this site on multiple occasions and this location serves as a main dry good, discount store in the Benton community. They recently exercised an early extension in 2017 as well as recently remodeled the location. Each renewal option period has rental escalations at the onset. Dollar General is responsible for common area maintenance, insurance & a portion of the property taxes. The site is well positioned within the community and offers an incoming investor the opportunity to purchase a Dollar General investment at a very attractive price point along with the assurance of a historically proven store with good sales. The low rent per square foot should provide economic sustainability to the income stream for an incoming investor.
PROPERTY TAXES
| Parcel Number | 08-07-127-001 | Improvements Assessment | $119,610 |
| Land Assessment | $27,985 | Total Assessment | $147,595 |
PROPERTY TAXES
