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DOLLAR GENERAL 845 Broadway St

10,566 SF Retail Building Pekin, IL 61554 £1,045,440 (£99/SF) 8% Net Initial Yield

Investment Highlights

  • Attractive 8% return on a stabilized investment grade credit tenant.
  • Pekin, IL is the largest city in Tazewell County, with a population of ±40,959 within a 5-mile radius. Just ±10 miles south of Peoria, IL, has a total
  • Dollar General boasts an investment-grade credit rating of BBB (S&P).
  • This store ranked in the top 84th percentile in Illinois (108/676 locations) in July 2024 (ALPHAMAPS).
  • Absolute NNN lease structure provides zero management responsibility, providing an investor with long-term passive income.
  • Dollar General has ±20,000 locations and plans to continue their expansion for the foreseeable future.

Executive Summary

Broker of Record
Matthew M. Fitzgerald
License No. 478027547 (IL)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,566 SF
Building Class
B
Year Built
2014
Price
£1,045,440
Price Per SF
£99
Net Initial Yield
8%
NOI
£83,635
Tenancy
Single
Number of Floors
1
Building FAR
0.16
Lot Size
1.50 AC
Walk Score ®
Very Walkable (73)
Bike Score ®
Very Bikeable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Schnucks
Rent-A-Center
Hometown Community Banks
Kroger
CrossFit

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-04-35-363-003
Land Assessment
£27,447
Improvements Assessment
£0
Total Assessment
£27,447
  • Listing ID: 33526599

  • Date on Market: 15/10/2024

  • Last Updated:

  • Address: 845 Broadway St, Pekin, IL 61554

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