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2083 Keokuk St 9,100 SF Retail Building Hamilton, IL 62341 $1,060,000 ($116.48/SF) 7.50% Cap Rate
Investment Highlights
- Corporate Guaranty | BBB Investment Grade Tenant
- Tenant Extended Lease Early, Twice
- Three (5 Year) Options | 10% Rental Rate Increase at Each
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
C
Year Built
2010
Price
$1,060,000
Price Per SF
$116.48
Cap Rate
7.50%
NOI
$79,476
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.17 AC
Opportunity Zone
Yes
Parking
31 Spaces (3.41 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Security System
- Signage
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
Dollar General began in 1939 as a wholesale venture and later opened its first store in 1955, growing into a discount retail business focused on everyday essentials. The company sells food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, paper products, and seasonal items, and it also offers products online. Dollar General operates as a broad neighborhood retail chain with a presence across the United States and Mexico, serving shoppers through convenient store formats and an e-commerce channel.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | - |
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 11-28-155-015 | Improvements Assessment | $281,698 |
| Land Assessment | $17,211 | Total Assessment | $298,909 |
Property Taxes
Parcel Number
11-28-155-015
Land Assessment
$17,211
Improvements Assessment
$281,698
Total Assessment
$298,909
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2083 Keokuk St
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