206 Franklin st - Retail FOR SALE
Hudson, IL 61748 |
$1,238,856 USD
732-832-5414
206 Franklin st
Hudson, IL 61748
HIGHLIGHTS
- Over ±10.75 years remaining on the primary term including five, 5-year options with 10% rental increases at the start of each option period
- 2020 built-to-suit construction for Dollar General
- The property is ±1.26 acres and includes a concrete parking lot with 30 spaces
- Absolute NNN lease with no management responsibilities, making this a perfect investment for passive investors
- Corporate guaranty from Dollar General Corporation, a fortune 500, investment grade (S&P: BBB) tenant. Dollar General has over ±21,000 locations natio
- Hudson, IL is located just± 8 miles north of Bloomington, IL, which is the 4th densest market in central Illinois
FOR SALE DETAILS
PRICE
$1,238,856 USD
CAP RATE
7.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
DOLLAR GENERAL
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2020
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.88 AC
LAND SF
38,507 SF
ZONING
-
APN/PARCEL ID
07-28-126-003
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
732-832-5414
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
732-832-5414
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
