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Dollar General 2083 Keokuk St

9,100 SF Retail Building Hamilton, IL 62341 £958,501 (£105/SF) 6.49% Net Initial Yield

Investment Highlights

  • Corporate Guaranty | BBB Investment Grade Tenant
  • 6.5 Years Remaining on Primary Term
  • Three (5 Year) Options | 10% Rental Rate Increase at Each

Executive Summary

Investment Highlights
* Absolute NNN Lease
* Zero Landlord Responsibilities
* 6.5 Years Remaining on Primary Term
* Three (5 Year) Options | 10% Rental Rate Increase at Each
* 4050 Average Annual Daily Traffic at US Highway 136
* Three Mile Household Income $64,000
* Ten Mile Population 38,700
* Corporate Guaranty | BBB Investment Grade Tenant
* Located on Main Thoroughfare

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
C
Year Built
2010
Price
£958,501
Price Per SF
£105
Net Initial Yield
6.49%
NOI
£62,194
Tenancy
Single
Number of Floors
1
Building FAR
0.18
Lot Size
1.17 AC
Opportunity Zone
Yes
Parking
31 Spaces (3.41 Spaces per 1,000 SF Leased)

Amenities

  • Corner Lot
  • Security System
  • Signage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11-28-155-015
Land Assessment
£12,420
Improvements Assessment
£203,278
Total Assessment
£215,698
  • Listing ID: 33552430

  • Date on Market: 17/10/2024

  • Last Updated:

  • Address: 2083 Keokuk St, Hamilton, IL 62341

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