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Dollar General 18895 State Rte 142 9,100 SF Retail Building Opdyke, IL 62872 $1,663,000 ($182.75/SF) 6.90% Cap Rate
Investment Highlights
- Rare low price point for a brand-new Dollar General (compared to most for $2M-$2.6M)
- 5% rental increases every five years throughout primary term and renewal options
- Affluent area with average annual household income of $101,000 within three miles
- Brand-new construction store estimated to open in March 2026
- Long-term lease with 15 years remaining
- Located less than 8 miles to Mount Vernon, a micropolitan area with approximately 86,000 people
Property Facts
Sale Type
Investment NNN
Sale Conditions
Property Type
Building Size
9,100 SF
Year Built
2026
Construction Status
Under Construction
Price
$1,663,000
Price Per SF
$182.75
Cap Rate
6.90%
NOI
$114,716
Tenancy
Single
Building Height
1 Story
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Dollar General
- -
- -
- -
- Triple Net
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Dollar General | - | - | - | Triple Net | - |
Property Taxes
| Parcel Number | 12-18-400-004 | Improvements Assessment | $0 |
| Land Assessment | $26,327 | Total Assessment | $26,327 |
Property Taxes
Parcel Number
12-18-400-004
Land Assessment
$26,327
Improvements Assessment
$0
Total Assessment
$26,327
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Dollar General | 18895 State Rte 142
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