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772 Old Route 36
Winchester, IL 62694
Dollar General (Corporate) · Retail Property For Sale
PROPERTY FACTS
About 772 Old Route 36 , Winchester, IL 62694
Marcus & Millichap is pleased to present this single tenant Dollar General located in Winchester, Illinois. The 7,200 square foot building was a build-to-suit in 2002, with the tenant signing an original 10-year lease. Since the expiration of the original base term, Dollar General has elected to exercise their two, five-year renewal options illustrating their success and commitment to this location. There are no remaining renewal options. Dollar General has consistently paid percentage rent, an indication of their strong store sales. Dollar General is required to report store sales data annually to the Landlord, which provides the Landlord with direct visibility into store performance allowing them to actively monitor the health of store operations. Dollar General capitalizes off the minimal amount of discount store and grocery store competition in the Winchester market. The building has excellent exposure along Old Route 36, which eventually feeds into both Jacksonville and Pittsfield, Illinois. Dollar General (NYSE: DG) is the largest small-box discount retailer in the United States with over 15,000 stores in 45 states. Dollar General stores offer convenience and value to customers by offering consumable basic items that are frequently used and replenished, such as food, snacks, health and beauty aids and cleaning supplies, as well as a selection of basic apparel, housewares and seasonal items at everyday low prices. For the 2017 fiscal year, the company report total sales of $23.5 Billion and a net worth of approximately $5.38 Billion.
PROPERTY TAXES
Parcel Number | 06-29-100-036 | Improvements Assessment | £98,659 |
Land Assessment | £6,266 | Total Assessment | £104,925 |
PROPERTY TAXES
Listing ID: 14486885
Date on Market: 27/11/2018
Last Updated:
Address: 772 Old Route 36, Winchester, IL 62694