951 N Springfield St - Freestanding FOR SALE
Virden, IL 62690 |
$1,156,420 USD
424-269-2947
951 N Springfield St
Virden, IL 62690
HIGHLIGHTS
- Investment Grade Tenant and Corporate Guarantee from Dollar General Corp. (S&P:BBB), a Fortune 500 Company (NYSE:DG)
- Absolute NNN Lease with No Landlord Responsibilities
- Limited Competition in A Strong Location Surrounded by National Retailers Such as AutoZone, Dairy Queen, Circle K, Subway, and more
- Attractive Return Providing an Above Average Market Yield
- E-Commerce and Recession Proof Company
- ±4.5 Years of Term Remaining and an Additional Three, 5-Year Options with 10% Increases
FOR SALE DETAILS
PRICE
$1,156,420 USD
PRICE/SF
$127 USD /SF
CAP RATE
8.1%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
DOLLAR GENERAL
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2014
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.29 AC
LAND SF
56,192 SF
ZONING
-
APN/PARCEL ID
08-001-371-00
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424-269-2947
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424-269-2947
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