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Dollar General 2301 James St 11,928 SF 100% Leased Retail Building Lawrenceville, IL 62439 $1,200,000 ($100.60/SF) 7.12% Cap Rate
Investment Highlights
- Corner Lot
- Not included is an additional $96,000 yearly from the gambling machine
- Commercial, residential and schools in the area
- Not included is an additional $2,700 in yearly CAM from Dollar General
- Not included is an additional $4,800 yearly from the ATM machine
Executive Summary
Pleased to bring to market this multi-tenant property that has been home to Dollar General since 1998! The other tenant is a liquor store. The building is 11,928 square feet. Dollar General’s side of the building is 7,392 square feet while the liquor store’s side of the building is 4,536 square feet. The yearly rental income from Dollar General is $43,500 and the liquor store’s yearly rental income is $42,000. NOT INCLUDED in the total rental income from the building is $2,700 yearly CAM from Dollar General PLUS $96,000 yearly income from the gambling machine inside the liquor store PLUS $4,800 yearly income from the ATM machine. The liquor stores has yearly store sales of $600,000. If you include ALL the income from this multi-tenant property, the total yearly income would be $184,200! Lawrenceville is the county seat of Lawrence County. This property is across the street from Walmart, banks, gas station. McDonalds, hospital, doctor’s offices, city park, Parkview Jr High, Lawrenceville High School, Ace Hardware, residential and much more are in the area! There are over 3,200 vehicles per day in front of the store.
Property Facts
Sale Type
Investment
Property Type
Building Size
11,928 SF
Building Class
C
Year Built
1998
Price
$1,200,000
Price Per SF
$100.60
Cap Rate
7.12%
NOI
$85,500
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
1.51 AC
Frontage
84’ on James Street
Amenities
- Corner Lot
- Pylon Sign
- Security System
- Tenant Controlled HVAC
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
Dollar General began in 1939 as J.L. Turner and Son Wholesale Company, a dry-goods business created by J.L. Turner and Cal Turner. The company later evolved into a discount retailer and now focuses on everyday essentials, including food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, and seasonal décor, alongside private brands and well-known national brands. Dollar General also operates DG Market, DGX, and pOpshelf formats in the United States and Mi Súper Dollar General stores in Mexico, while continuing to build a broad convenience-oriented general merchandise business.
- Liquor Sotre
- Retailer
-
99,999 SF
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 | |
| Liquor Sotre | Retailer | 99,999 SF | - | - | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 06-001-673-60 | Improvements Assessment | $197,216 |
| Land Assessment | $35,745 | Total Assessment | $232,961 |
Property Taxes
Parcel Number
06-001-673-60
Land Assessment
$35,745
Improvements Assessment
$197,216
Total Assessment
$232,961
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Dollar General | 2301 James St