Dollar General
10,640 SF | Retail Building | Winnebago, IL 61088 | $1,606,101 ($151/SF) | 6.90% Cap Rate
For Sale
Active
- Date Added:
- September 16, 2024
- Days on Market:
- 2 days
Asking Price $1,606,101
- Property Type
-
Retail
- Square Feet
- 10,640 SF
- Price / Square Foot
- $151
Listing Contacts
Jordan Koeppel
Verified Profile
Adam Baxter
Verified Profile
Adam English
Verified Profile
Jordan Shtulman
Verified Profile
- Property Info
Property Details
- Year Built
- 2022
- Stories
- 1
- Lot Size (sq. ft)
- 65,340 SF
Highlights
- ZERO LANDLORD RESPONSIBILITIES: Absolute NNN lease structure allowing for passive ownership
- INVESTMENT GRADE CREDIT: Dollar General is the largest retailer in the United States, rated BBB by Standard and Poor’s
- RENT BUMPS IN BASE TERM: 5% Every 5 Years
- STRONG MSA: 8 miles from rockford
- AFFLUENT SUBMARKET: Average HH income $114K within 3 miles
- WELL LOCATED IN TOWN: Nearby retailers Ace Hardware, Family Dollar, US Bank, Culvers, Taco Bell
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