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610 SW 3rd St
Aledo, IL 61231
Dollar General · Retail Property For Sale
PROPERTY FACTS
About 610 SW 3rd St , Aledo, IL 61231
Marcus and Millichap is pleased to exclusively offer for sale the Dollar General located at 610 SW 3rd St in Aledo, Illinois. The site was renovated for Dollar General in 2010 and consists of 12,981 rentable square feet. This investment is being offered at $920,000, which represents an 8.63 percent capitalization rate. Dollar General has 5.6 years remaining on a corporately guaranteed, double net lease after a recent lease extension. Additionally there are three, five-year renewal options with favorable 10 percent rental increases in each. Landlord benefits from rare HVAC clause; Dollar General responsible for all HVAC repair and replacement. Dollar General pays $308/Month as estimated cost to maintain the property. Estimated cost for CAM can be adjusted at the beginning of each fiscal year for any increase in expense.
PROPERTY TAXES
| Parcel Number | 10-10-20-105-001 | Improvements Assessment | $350,487 |
| Land Assessment | $24,828 | Total Assessment | $375,316 |
PROPERTY TAXES
