This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Dollar General 111 S Old Route 66

10,649 SF Retail Building Mount Olive, IL 62069 $425,333 ($40/SF) 9% Cap Rate

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

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
10,649 SF
Building Class
C
Year Built
2000
Price
$425,333
Price Per SF
$40
Cap Rate
9%
NOI
$38,280
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.25
Lot Size
0.96 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 02-002-702-00
  • 02-002-696-00
Land Assessment
$10,393
Improvements Assessment
$86,005
Total Assessment
$96,398
  • Listing ID: 32097162

  • Date on Market: 6/11/2024

  • Last Updated:

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

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}