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Dollar General 111 S Old Route 66

10,649 SF Retail Building Mount Olive, IL 62069 $602,897 CAD ($57 CAD/SF) 9% Cap Rate

Storefront Properties Illinois Mount Olive 111 S Old Route 66, Mount Olive, IL 62069

Executive Summary

- Dollar General Continues to Demonstrate Commitment to the Location with Recent Five-Year Extension and 24 Years of Occupational History.
- Bite Size Net Leased Investment with Attractive, Above-Market Yield.
- Directly Adjacent to Mount Olive High School.
- Mount Olive is part of the Metro East Region Within the St. Louis Metropolitan Area.
- Investment Grade Tenant | Standard & Poor’s “BBB” Rating | Founded in 1939.
- Dollar General is the Nation’s Largest Discount Retailer with Over 19,000 Locations in 47 States.
- Replaced AC and Furnace Unit in 2022.
- Parking Lot Sealing and Striping in 2022.
Activity ID: ZAF0100065

Attachments

Dollar General, Mount Olive, IL - Offering Memorandum

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
10,649 SF
Building Class
C
Year Built
2000
Price
$602,897 CAD
Price Per SF
$57 CAD
Cap Rate
9%
NOI
$54,261 CAD
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.25
Lot Size
0.96 AC
1 of 1

PROPERTY TAXES

Parcel Numbers
Multiple
  • 02-002-702-00
  • 02-002-696-00
 Improvements Assessment $120,527 CAD
Land Assessment $14,565 CAD Total Assessment $135,092 CAD

PROPERTY TAXES

Parcel Numbers
Multiple
  • 02-002-702-00
  • 02-002-696-00
Land Assessment
$14,565 CAD
Improvements Assessment
$120,527 CAD
Total Assessment
$135,092 CAD
(630) 570-2200

Contact

  • Listing ID: 32097162

  • Date on Market: 2024-06-11

  • Last Updated:

  • Address: 111 S Old Route 66, Mount Olive, IL 62069

The Retail Property at 111 S Old Route 66, Mount Olive, IL 62069 is currently available for sale. Contact Marcus & Millichap for more information.

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Dollar General | 111 S Old Route 66
(630) 570-2200 x

Dollar General | 111 S Old Route 66

Steven Weinstock

(630) 570-2200

(630) 570-2200

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