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Dollar General (former Kroger) 601 S Main St

10,640 SF Retail Building Carrollton, IL 62016 £963,850 (£91/SF) 7.20% Net Initial Yield

Executive Summary

Property Details:
Building Area: 10,640 SF
Site: .75 AC
Year Built: 2023
Price (PSF): $115.65
Guarantor: Dollar General Corporation
Appraised in 2022: $1,407,000
Former Kroger Tenant - Finish-to-Suit
Lease Overview:
Remaining Lease Term: 8 Year
Lease Expires: 09/30/32
Lease Type: NNN
Options: Three, (5) Year Options
Commencement Date: 09/20/2022
Monthly Rent: $7,387.62
Annual Rent: $88,596.00
Three 5-year Options with 10% Increases

Attachments

White Hall and Carrollton IL DG 102424

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Building Size
10,640 SF
Building Class
B
Year Built
2022
Price
£963,850
Price Per SF
£91
Net Initial Yield
7.20%
NOI
£69,397
Tenancy
Single
Number of Floors
1
Building FAR
0.33
Lot Size
0.75 AC
Zoning
Commercial
Parking
46 Spaces (4.32 Spaces per 1,000 SF Leased)
Frontage
178 ft on South Main
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PROPERTY TAXES

Parcel Number 03-92-22-230-007 Improvements Assessment £123,707
Land Assessment £3,946 Total Assessment £127,654

PROPERTY TAXES

Parcel Number
03-92-22-230-007
Land Assessment
£3,946
Improvements Assessment
£123,707
Total Assessment
£127,654
(636) 970-0330

Contact

  • Listing ID: 32543423

  • Date on Market: 22/07/2024

  • Last Updated:

  • Address: 601 S Main St, Carrollton, IL 62016

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© 2024 CoStar Group

Dollar General (former Kroger) | 601 S Main St
(636) 970-0330 x

Dollar General (former Kroger) | 601 S Main St

Bob Cissell

(636) 970-0330

(636) 970-0330

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