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Dollar General With Active lease 400 Henderson Rd

8,125 SF Retail Building Knoxville, IL 61448 $779,608 CAD ($96 CAD/SF)

Investment Highlights

  • Only Store in town serving the Knoxville area
  • .Location just one mile off of I-74

Executive Summary

Lease Terms. Tenant Pays real estate taxes and maintain the HVAC system,
Current Term June 1, 2022 – May 31, 2027, $3,200.00 per month
Bonus- Rent 2% on sales over $1,300.000
Current Term June 1, 2022 – May 31, 2027, $3,200.00 per month
Option 1, June 1, 2027 – May 31, 2032, - $3,575.00 per month
Bonus -Rent 2% on sales over $1,430.000
Option 2. June 1, 2032 – May 31, 2037, - $3.935.00 per month.
Bonus-Rent, 2% on sales over $1,574.000
Bonus Rent History:
2017 $13, 931.00 2021 $12,237.00
2018 $1,288.00 2022 $ 12,280.00
2019 $10,523.00 2023 $15, 655.00
2020 $10,714.00 2024 $15,055.00

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
8,125 SF
Building Class
C
Year Built
2003
Price
$779,608 CAD
Price Per SF
$96 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.35
Lot Size
0.53 AC
Zoning
Commercial - Commercial
Parking
27 Spaces (3.32 Spaces per 1,000 SF Leased)
Frontage
189 ft on Henderson Rd.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10-29-276-026
Land Assessment
$29,015 CAD
Improvements Assessment
$195,165 CAD
Total Assessment
$224,179 CAD
  • Listing ID: 34145496

  • Date on Market: 2024-12-10

  • Last Updated:

  • Address: 400 Henderson Rd, Knoxville, IL 61448

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