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Dollar General (former Kroger) 252 N Main St 11,000 SF Retail Building White Hall, IL 62092 $1,250,000 ($113.64/SF) 7.42% Cap Rate
EXECUTIVE SUMMARY
Property Details:
Building Area: 10,640 SF
Site: .78 AC
Year Built: 2023
Price (PSF): $121.05
Guarantor: Dollar General Corporation
Appraised in 2022: $1,473,000
Former Kroger Tenant - Finish-to-Suit
Lease Overview:
Remaining Lease Term: 8 Year
Lease Expires: 09/30/32
Lease Type: NNN
Options: Three, (5) Year Options
Commencement Date: 09/20/2022
Monthly Rent: $7,731.37
Annual Rent: $92,736.00
Three 5-year Options with 10% Increases
Building Area: 10,640 SF
Site: .78 AC
Year Built: 2023
Price (PSF): $121.05
Guarantor: Dollar General Corporation
Appraised in 2022: $1,473,000
Former Kroger Tenant - Finish-to-Suit
Lease Overview:
Remaining Lease Term: 8 Year
Lease Expires: 09/30/32
Lease Type: NNN
Options: Three, (5) Year Options
Commencement Date: 09/20/2022
Monthly Rent: $7,731.37
Annual Rent: $92,736.00
Three 5-year Options with 10% Increases
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Building Size
11,000 SF
Building Class
C
Year Built
2022
Price
$1,250,000
Price Per SF
$113.64
Cap Rate
7.42%
NOI
$92,736
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Lot Size
0.78 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
47 Spaces (4.42 Spaces per 1,000 SF Leased)
Frontage
106’ on North Main Street
PROPERTY TAXES
| Parcel Number | 11-53-35-402-016 | Improvements Assessment | $164,971 |
| Land Assessment | $5,487 | Total Assessment | $170,458 |
PROPERTY TAXES
Parcel Number
11-53-35-402-016
Land Assessment
$5,487
Improvements Assessment
$164,971
Total Assessment
$170,458
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Dollar General (former Kroger) | 252 N Main St
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