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Dollar General 905 Victor st 9,100 SF Retail Building Christopher, IL 62822 $1,777,500 ($195.33/SF) 6.75% Cap Rate
Investment Highlights
- Brand-new construction store that opened in September 2025
- 5% rental increases every five years throughout primary term and renewal options
- Approximately 100 miles southeast of St. Louis and at hard corner along Victor Street (IL Route 148), the primary north-south corridor
- Long-term lease with 15 years remaining
- Rare low rent and price point for a brand-new construction Dollar General (compared to most in the $2M-$2.5M range)
- Absolute triple net lease with no landlord responsibilities
Property Facts
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
9,100 SF
Building Class
B
Year Built
2025
Price
$1,777,500
Price Per SF
$195.33
Cap Rate
6.75%
NOI
$119,979
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.87 AC
Frontage
Amenities
- Corner Lot
- Pylon Sign
- Signage
- Wheelchair Accessible
Property Taxes
| Parcel Number | 06-36-103-005 | Improvements Assessment | $18,020 |
| Land Assessment | $735 | Total Assessment | $18,755 |
Property Taxes
Parcel Number
06-36-103-005
Land Assessment
$735
Improvements Assessment
$18,020
Total Assessment
$18,755
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Dollar General | 905 Victor st
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