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Dollar General 18895 State Rte 142 9,100 SF Retail Building Opdyke, IL 62872 $1,725,000 ($189.56/SF) 6.65% 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
$1,725,000
Price Per SF
$189.56
Cap Rate
6.65%
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 | - |
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Dollar General | 18895 State Rte 142
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