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2598 IL-9
Rankin, IL 60960
Dollar General NNN Portfolio-Corp. Guarantee · Retail Property For Sale
Investment Highlights
- Corporate Long Term NNN Leases: Corp. Guarantees–Zero Landlord Responsibilities–WALT of Just Under 11 Yrs Remaining–Includes 10% Increases in Option
- Low Basis-Strong Residual Value: Low Rents–Avg. Portfolio Rent of $102,823
- Densely Populated Rural Areas: Serving Communities With 5 MI Populations up to 54,000+ & AHHI Up to $109,000
- Investment Grade Tenant: BBB Rating From S&P Global Ratings
- Newer Construction Portfolio: Properties Feature 9,100 SF & 10,640 SF Designs Built in Recent Years
- Strategic Locations: No Competition in Surrounding Trade Areas–Focused on Rural Markets
Property Facts
Property Type
Retail
Property Subtype
Building Size
10,640 SF
Building Class
B
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.72 AC
Zoning
COM - Commercial
Parking
34 Spaces (3.2 Spaces per 1,000 SF Leased)
Frontage
243’ on South Johnson Street
Property Taxes
| Parcel Numbers | Improvements Assessment | $306,130 | |
| Land Assessment | $71,483 | Total Assessment | $377,613 |
Property Taxes
Parcel Numbers
Land Assessment
$71,483
Improvements Assessment
$306,130
Total Assessment
$377,613
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