Skip to main content

Discount

Dollar General

13321 W Wheeler Rd, Glasford, IL 61533

Listing Price: $1,392,334

Cap Rate
6.00%
Tenant Name
DG Retail, LLC
Years Remaining On Lease
8.9
Guarantor
Corporate Guarantee
Rentable SF
9,275
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$9.01

Investment Overview

Marcus & Millichap is pleased to present the exclusive net-lease offering for a Dollar General located at 13321 W. Wheeler Road in Glasford, Illinois. The site consists of roughly 9,275 rentable square feet of building space on estimated 1.45-acre parcel of land. This Dollar General is subject to a 15-year absolute triple-net (NNN) lease, which commenced March 13, 2016. The current annual rent is $83,540 and is scheduled to increase by ten percent (10%) in each of the five (5), five (5)-year renewal options.

Investment Highlights

  • Long-Term, Original 15-Year Absolute Triple Net (NNN) Lease
  • Approximately 9.1 Years Remaining
  • Ten Percent (10%) Rental Increases Occurring in Each Renewal Option

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    (630) 570-2200

    License(s) IL: 471.011175

    Illinois

Discount

Dollar General

Listing Price: $1,392,334

Cap Rate
6.00%
Tenant Name
DG Retail, LLC
Years Remaining On Lease
8.9
Guarantor
Corporate Guarantee
Rentable SF
9,275
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$9.01

Investment Highlights

  • Long-Term, Original 15-Year Absolute Triple Net (NNN) Lease
  • Approximately 9.1 Years Remaining
  • Ten Percent (10%) Rental Increases Occurring in Each Renewal Option

Investment Overview

Marcus & Millichap is pleased to present the exclusive net-lease offering for a Dollar General located at 13321 W. Wheeler Road in Glasford, Illinois. The site consists of roughly 9,275 rentable square feet of building space on estimated 1.45-acre parcel of land. This Dollar General is subject to a 15-year absolute triple-net (NNN) lease, which commenced March 13, 2016. The current annual rent is $83,540 and is scheduled to increase by ten percent (10%) in each of the five (5), five (5)-year renewal options.

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    (630) 570-2200

    License(s): IL: 471.011175

    Illinois

MM Texture Background
MM Textured Background Lower