Dollar General

Viola, IL
place offer

Property Details

Available
Net Operating Income
$84,854
Year Built
2015
Lease Term
11/21/2030
Lot Size
0.93 Acres
Building Size
9,100 SQ FT
Lease Structure
Absolute NNN
Ownership Type
Fee Simple
Options
(3) - 5 Years

Investment Details

ABSOLUTE NNN LEASE

Hands –off, passive ownership – Tenant is responsible for taxes insurance, CAM repairs and replacements

INVESTMENT GRADE TENANT

Dollar General Corp. is an investment grade tenant with debt rating of BBB by Standard & Poors

LONG TERM LEASE

9.5 + years remaining on an Absolute NNN lease

2015 CONSTRUCTION

9,100 square feet built to suit for Dollar General in 2015 located on 0.93 acres of land

Disclaimer

This Offering Memorandum (“Memorandum”) has been prepared by the undersigned real estate professional, is provided in the normal course of his/her business, and is intended to express only his/her recommended listing, selling, or purchase price or a rental or lease consideration for the Property. This Memorandum does not constitute an offer to sell, or a solicitation of an offer to buy, the Property, and has not been made for the purpose of submission as evidence of value to a court or administrative body. The disclosures herein are intended to supersede all prior written and oral communications and understandings regarding the Memorandum.

asking price
$ 1 357 664
cap rate
6.25 %

Contact Us

Johnny Novokmet
3103449394