2598 IL-9 | Rankin, IL 60960
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- LoopNet Team
2598 IL-9
Rankin, IL 60960
Dollar General · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 15-Year Absolute NNN Lease New Development Dollar General
- Attractive 6.7% List Cap Rate for Investment Grade Tenant with Long-Term in Place Lease
- 10,640 Square Foot Prototype
- Attractive 5% Rental Increases Every 5 Years Throughout Primary Term – Bring CAP Rate to 7.35% During Primary Term
- Store Open and Paying Rent – Opened February 2024
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
10,640 SF
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.72 AC
Zoning
COM - Commercial
PROPERTY TAXES
| Parcel Number | 01-12-315-004 | Improvements Assessment | $0 |
| Land Assessment | $10,016 | Total Assessment | $10,016 |
PROPERTY TAXES
Parcel Number
01-12-315-004
Land Assessment
$10,016
Improvements Assessment
$0
Total Assessment
$10,016
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