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- LoopNet Team
2015 N Grand Ave E
Springfield, IL 62702
Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Signage
- Air Conditioning
ABOUT 2015 N GRAND AVE E , SPRINGFIELD, IL 62702
The subject property has a 10-year Double Net (NN) Corporate Guaranteed Lease with Dollar General. The Tenant has shown long term commitment to this location by extending the lease more than three (3) years in advance of expiration, adding five (5) years of term. Tenant completed a renovation of the property in 2009 and expanded in to the entire 13,709 SF space. This type of expansion and square footage is reserved for markets where Dollar General is performing well above the national average. Tenant reimburses 100% of Real Estate Taxes and Insurance, maintains HVAC servicing and contributes $1,200 per year towards CAM expenses. Springfield, Illinois is the state capital. The main industries in the city are government, and the medical field. With a little over fifty-thousand people living within a three-mile radius, this Dollar General is at a great location for business. Being located less than a mile from a local high school, this location brings in customers from all ages and is a go to store for all convenience shopping in the area.
PROPERTY TAXES
| Parcel Number | 14-23.0-383-020 | Improvements Assessment | $362,148 |
| Land Assessment | $94,841 | Total Assessment | $456,989 |
PROPERTY TAXES
