1030 Main St, Crete, IL 60417
7,545 SF | Retail Building | Crete, IL 60417 | $1,197,040 ($159/SF) | 7.50% Cap Rate
For Sale
Active
Asking Price $1,197,040
- Property Type
-
Retail
- Square Feet
- 7,545 SF
- Price / Square Foot
- $159
Listing Contacts
Dawson Wynne
Edward Desimone
Property Overview
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
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 Details
- Class
- C
- Year Built
- 2019
- Stories
- 1
- Property Subtype
- Freestanding
- Lot Size (sq. ft)
- 37,897 SF
Highlights
- Absolute NNN lease: Zero landlord responsibilities making this the perfect investment for investors looking for long-term, passive income.
- Strong Corporate Guarantee: Lease is guaranteed by Dollar General Corporation, a Fortune 500 company with investment grade credit of BBB (S&P).
- 10 years Remaining on the Lease: Making this opportunity a perfect long-term stabilized asset with a guaranteed income stream.
- Chicago MSA: Robust demographic with over 100,000 residents living within a 5-Mile radius providing a strong customer base for the site.
- Upgraded Construction: Rare, 4 sided brick construction with windows and corner entry.
- Four, 5-Year options: Giving Dollar General option to extend lease until 2053, with 10% increase in each option period.
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