601 S Main St - Retail FOR SALE


Carrollton, IL 62016
$1,230,499 USD
636-970-0330
601 S Main St, Carrollton, IL for Sale
$1,230,499 USD
Retail - FOR SALE
1/6
null | 7.2% Cap Rate

601 S Main St
Carrollton, IL 62016


OVERVIEW

Property Details: Building Area: 10,640 SF Site: .75 AC Year Built: 2023 Price (PSF): $115.65 Guarantor: Dollar General Corporation Appraised in 2022: $1,407,000 Former Kroger Tenant - Finish-to-Suit Lease Overview: Remaining Lease Term: 8 Year Lease Expires: 09/30/32 Lease Type: NNN Options: Three, (5) Year Options Commencement Date: 09/20/2022 Monthly Rent: $7,387.62 Annual Rent: $88,596.00 Three 5-year Options with 10% Increases

FOR SALE DETAILS

PRICE

$1,230,499 USD

PRICE/SF

$116 USD /SF

CAP RATE

7.2%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General (former Kroger)

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

46

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,595 SF

ZONING

Commercial

APN/PARCEL ID

03-92-22-230-007

ASK ABOUT THIS PROPERTY

Bob CissellCissell Mueller Company, L.L.C.More Info
636-970-0330

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Bob CissellCissell Mueller Company, L.L.C.More Info
636-970-0330

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