111 S Old Route 66 - Storefront FOR SALE


Mount Olive, IL 62069
$425,333 USD
630-570-2200
111 S Old Route 66, Mount Olive, IL for Sale
$425,333 USD
Storefront - FOR SALE
1/2
null | 9% Cap Rate

111 S Old Route 66
Mount Olive, IL 62069


OVERVIEW

- Dollar General Continues to Demonstrate Commitment to the Location with Recent Five-Year Extension and 24 Years of Occupational History. - Bite Size Net Leased Investment with Attractive, Above-Market Yield. - Directly Adjacent to Mount Olive High School. - Mount Olive is part of the Metro East Region Within the St. Louis Metropolitan Area. - Investment Grade Tenant | Standard & Poor’s “BBB” Rating | Founded in 1939. - Dollar General is the Nation’s Largest Discount Retailer with Over 19,000 Locations in 47 States. - Replaced AC and Furnace Unit in 2022. - Parking Lot Sealing and Striping in 2022. Activity ID: ZAF0100065

FOR SALE DETAILS

PRICE

$425,333 USD

PRICE/SF

$40 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.96 AC

LAND SF

41,818 SF

ZONING

-

APN/PARCEL ID

02-002-696-00

ASK ABOUT THIS PROPERTY

Steven WeinstockMarcus & MillichapMore Info
630-570-2200

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Steven WeinstockMarcus & MillichapMore Info
630-570-2200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.