601 E Outerbelt Dr - Drug Store FOR SALE
Clayton, IL 62324 |
$1,510,547 USD
636-970-0330
601 E Outerbelt Dr
Clayton, IL 62324
OVERVIEW
Building Area: 10,640 SF
Site: 2 AC
Year Built: 2024
Guarantor: Dollar General Corporation
Price (PSF): $141.97
Remaining Lease Term: 15 Year
Lease Type: Absolute NNN
Options: Three, (5) Year Options
Rent Commencement: NOW OPEN
5% Rent Increases Every 5 Years:
Yrs. 1-5 Monthly Rent: $8,433.89
Yrs. 6-10 Monthly Rent: $8,855.58
Yrs. 11-15 Monthly Rent: $9,298.36
Option 1 - $9,763.33
Option 2 - $9,763.33
Option 3 - $10,764.02
NOI: $ 101,206.68
FOR SALE DETAILS
PRICE
$1,510,547 USD
PRICE/SF
$142 USD /SF
CAP RATE
6.7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
601 East Outerbelt Dr. (Hwy. 24)
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
ADD'L SUBTYPES
Convenience Store, Freestanding, Supermarket
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2 AC
LAND SF
87,120 SF
ZONING
Commercial
APN/PARCEL ID
01-0-0399-002-00
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636-970-0330
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636-970-0330
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