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Dollar General Market 801 One Mile Rd 10,600 SF Retail Building Thomson, IL 61285 $1,927,000 ($181.79/SF) 6.85% Cap Rate
INVESTMENT HIGHLIGHTS
- Long-term lease with approximately 15 years remaining
- Brand-new construction store that opened in October 2024
- Positioned along IL State Route 84, the primary thoroughfare in the area
- 5% rental increases every five years
- Absolute triple net lease with no landlord responsibilities
- Dollar General is an investment grade rated company (S&P: BBB)
PROPERTY FACTS
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
10,600 SF
Year Built
2024
Price
$1,927,000
Price Per SF
$181.79
Cap Rate
6.85%
NOI
$132,012
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.50 AC
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Dollar General
- -
- 10,600 SF
- -
- Triple Net
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Dollar General | - | 10,600 SF | - | Triple Net | - |
PROPERTY TAXES
| Parcel Number | 12-12-24-200-011 | Improvements Assessment | $0 |
| Land Assessment | $5,605 | Total Assessment | $5,605 |
PROPERTY TAXES
Parcel Number
12-12-24-200-011
Land Assessment
$5,605
Improvements Assessment
$0
Total Assessment
$5,605
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Dollar General Market | 801 One Mile Rd
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