Dollar General | 111 S Old Route 66
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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
- 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
Parcel Numbers | Improvements Assessment | $86,005 | |
Land Assessment | $10,393 | Total Assessment | $96,398 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$10,393
Improvements Assessment
$86,005
Total Assessment
$96,398
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Dollar General | 111 S Old Route 66
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