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902 New Baldwin Rd, New Athens, IL, 62264

DOLLAR GENERAL
$1,112,118

Key Information

Cap Rate
8.75%
Year Built
2012
Term Remaining
±1.5 YRS
Type
Retail
NOI
$94,530
Leasable Area
9,026

Highlights

  • 2015 build-to-suit construction for Dollar General
  • Absolute NNN Lease – Zero Landlord Responsibilities
  • Limited competition- the nearest dollar store is over 5 miles away
  • Corporately guaranteed lease from Dollar General Corporation
  • Subject property is priced well below replacement cost
  • Average Household Income of $87,320 which is considered to be a sweet spot for Dollar General

Photos

Location

Agents

Broker of Record

Matthew M. Fitzgerald

License # 478027547 (IL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203