Discount

Dollar General - Johnston City, IL

Listing Price: $299,500

Cap Rate
9.81%
Tenant Name
Dollar General
Years Remaining On Lease
2.20
Gross SF
7,500
Guarantor
Corporate Guarantee
Rentable SF
7,500
Price/Gross SF
$39.93
Lease Type
Double Net
Rent Per Square Feet
$5.59

Investment Overview

Marcus and Millichap is pleased to exclusively offer for sale the Dollar General located at 1113 Grand Ave in Johnston City, IL. The site was built to suit for Dollar General in 1997 and consists of 7,500 rentable square feet. This investment is being offered at $315,263, which represents a 9.50 percent capitalization rate.

Investment Highlights

  • 3 Years Remaining On NN/MG Lease Agreement
  • Dollar General Reimburses $0.40/SF For Taxes
  • Dollar General Responsible For Minor Repairs Less Than $750/Per Occurrence
  • BBB Credit Tenant (Standard & Poor's)

Exclusively Listed By

Discount

Dollar General - Johnston City, IL

Listing Price: $299,500

Cap Rate
9.81%
Tenant Name
Dollar General
Years Remaining On Lease
2.20
Gross SF
7,500
Guarantor
Corporate Guarantee
Rentable SF
7,500
Price/Gross SF
$39.93
Lease Type
Double Net
Rent Per Square Feet
$5.59

Investment Highlights

  • 3 Years Remaining On NN/MG Lease Agreement
  • Dollar General Reimburses $0.40/SF For Taxes
  • Dollar General Responsible For Minor Repairs Less Than $750/Per Occurrence
  • BBB Credit Tenant (Standard & Poor's)

Investment Overview

Marcus and Millichap is pleased to exclusively offer for sale the Dollar General located at 1113 Grand Ave in Johnston City, IL. The site was built to suit for Dollar General in 1997 and consists of 7,500 rentable square feet. This investment is being offered at $315,263, which represents a 9.50 percent capitalization rate.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower