Discount
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.
Dollar General | 10 Years Remaining | Abs NNN
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
Financing By
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
Financing By
