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Dollar General | 10 Years Remaining | Abs NNN

710 IL-117, Toluca, IL 61369

Listing Price: $1,230,000

Cap Rate
6.55%
Tenant Name
Dollar General
Years Remaining On Lease
9.8
Gross SF
9,100
Guarantor
Corporate Guarantee
Rentable SF
9,100
Price/Gross SF
$135.16
Lease Type
Absolute Net
Rent Per Square Feet
$8.85

Investment Overview

Marcus & Millichap is pleased to present for sale Dollar General in Toluca, Illinois. Dollar General with 10 years remaining on absolute triple-net lease. Dollar General is being offered for $1,230,000.

Investment Highlights

  • 10 Years Remaining on Absolute Triple-Net Lease | Zero Landlord Responsibilities
  • 10 Percent Rental Increases at Each of the Three, Five-Year Renewal Options
  • Full Concrete Parking Lot (Tenant Responsible for All Maintenance)
  • Toluca is Located in Central Illinois, with Easy Access to Major Transportation Routes Including Interstate 39 and Illinois Route 17
  • Easy Access and Visibility Along the Primary Thoroughfare (W Sant Fe Ave)
  • Toluca, Illinois is Located Approximately 30 Miles from Peoria, Illinois (110,000 Residents)
  • Large 1.83 Acre Parcel
  • Investment Grade S&P "BBB" Credit | $45 Billion Market Cap (NYSE: DG) | Over 18,190 Stores in 44 States

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    Senior Vice President/Regional Manager

    (630) 570-2200

    License(s) IL: 471.011175

    Illinois

Financing By

Discount

Dollar General | 10 Years Remaining | Abs NNN

Listing Price: $1,230,000

Cap Rate
6.55%
Tenant Name
Dollar General
Years Remaining On Lease
9.8
Gross SF
9,100
Guarantor
Corporate Guarantee
Rentable SF
9,100
Price/Gross SF
$135.16
Lease Type
Absolute Net
Rent Per Square Feet
$8.85

Investment Highlights

  • 10 Years Remaining on Absolute Triple-Net Lease | Zero Landlord Responsibilities
  • 10 Percent Rental Increases at Each of the Three, Five-Year Renewal Options
  • Full Concrete Parking Lot (Tenant Responsible for All Maintenance)
  • Toluca is Located in Central Illinois, with Easy Access to Major Transportation Routes Including Interstate 39 and Illinois Route 17
  • Easy Access and Visibility Along the Primary Thoroughfare (W Sant Fe Ave)
  • Toluca, Illinois is Located Approximately 30 Miles from Peoria, Illinois (110,000 Residents)
  • Large 1.83 Acre Parcel
  • Investment Grade S&P "BBB" Credit | $45 Billion Market Cap (NYSE: DG) | Over 18,190 Stores in 44 States

Investment Overview

Marcus & Millichap is pleased to present for sale Dollar General in Toluca, Illinois. Dollar General with 10 years remaining on absolute triple-net lease. Dollar General is being offered for $1,230,000.

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    Senior Vice President/Regional Manager

    (630) 570-2200

    License(s): IL: 471.011175

    Illinois

Financing By

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