296 W Main St - Freestanding FOR SALE


Glen Carbon, IL 62034
$642,024 USD
415-360-8007
296 W Main St, Glen Carbon, IL for Sale
$642,024 USD
Freestanding - FOR SALE
1/3
null | 8.15% Cap Rate

296 W Main St
Glen Carbon, IL 62034


HIGHLIGHTS

  • 2003 Construction. 8,744+/- SF Building on 0.84+/- Acre Site
  • Located Near Major Highways I-285 & I-270 (Combined Traffic Counts of 15K+ VPD)
  • Near Anderson Hospital (151 Beds), SIUE (14,000 Students) & Lambert-St. Louis International Airport (15 Million Annual Passengers)
  • Close Proximity to National Retailers Including Walmart, Target, Sam’s Club, Best Buy, Lowe’s & Aldi
  • Dollar General, a Fortune 500 Company and One of the Largest Discount Retailers in the U.S. Operates Over 20,000 Stores Across 47 States
  • Glen Carbon | Located in Rapidly Growing Metro (St. Louis MSA) | MSA Population: 2.81M

OVERVIEW

25-Year NN+ Lease, Recent Renewal in 2023, 1 Option Remains, w/ 4% Rent Increase

FOR SALE DETAILS

PRICE

$642,024 USD

PRICE/SF

$73 USD /SF

CAP RATE

8.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Storefront, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.84 AC

LAND SF

36,590 SF

ZONING

-

APN/PARCEL ID

13-2-21-04-05-101-021

ASK ABOUT THIS PROPERTY

Todd LewisSecure Net LeaseMore Info
415-360-8007

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Todd LewisSecure Net LeaseMore Info
415-360-8007

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