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902 New Baldwin Rd, New Athens, IL, 62264

Dollar General

$1,338,776

Key Information

Cap Rate
8%
Tot. SF
9,026
Lot Size
1.42 Acres
Year Built
2012
Term Remaining
± 5.90 Years
Type
Retail
NOI
$107,102

Highlights

• 2012 build-to-suit construction for Dollar General Corporation
• Absolute NNN Lease – Zero Landlord Responsibilities
• Limited competition- the nearest dollar store is over 5 miles away
• Corporately guaranteed lease from Dollar General Corporation
• Subject property is priced well below replacement cost
• Average Household Income is $82,011 within a 5 mile radius, which is considered to be a sweet spot for Dollar General
• Leased to Dollar General Corporation, rated BBB by S&P (investment-grade)
• National retailer with over 21,000 locations and active growth strategy
• Designated essential business, demonstrating operational resilience and profitability during and beyond the COVID-19 period

Photos

Location

Agents

Broker of Record

Matthew M. Fitzgerald

License # 471021676, 478027547 (IL)
Matthews Real Estate Investment Services, Inc
600 W Fulton, Ste 100 Chicago, IL 60661