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Dollar General With Active lease 400 Henderson Rd

8,125 SF Retail Building Knoxville, IL 61448 $550,000 ($68/SF)

Storefront Properties Illinois Knoxville 400 Henderson Rd, Knoxville, IL 61448

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
$550,000
Price Per SF
$68
Tenancy
Single
Building Height
1 Story
Building FAR
0.35
Land Acres
0.53 AC
Zoning
Commercial - Commercial
Parking
27 Spaces (3.32 Spaces per 1,000 SF Leased)
Frontage
189 FT on Henderson Rd.
1 of 1
400 Henderson Rd, Knoxville, IL - aerial map view

PROPERTY TAXES

Parcel Number 10-29-276-026 Improvements Assessment $137,690
Land Assessment $20,470 Total Assessment $158,160

PROPERTY TAXES

Parcel Number
10-29-276-026
Land Assessment
$20,470
Improvements Assessment
$137,690
Total Assessment
$158,160
(309) 368-5671

  • Listing ID: 34145496

  • Date on Market: 12/10/2024

  • Last Updated:

  • Address: 400 Henderson Rd, Knoxville, IL 61448

More public record information on 400 Henderson Rd, Knoxville, IL 61448

The Retail Property at 400 Henderson Rd, Knoxville, IL 61448 is currently available For Sale. Contact Dahl Real Estate for more information.

Nearby Listings

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400 Henderson Rd, Knoxville, IL for sale Building Photo- Image 1 of 4
Building Exterior
400 Henderson Rd, Knoxville, IL for sale Building Photo- Image 2 of 4
Front Exterior
400 Henderson Rd, Knoxville, IL for sale Aerial- Image 3 of 4
Aerial

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Dollar General With Active lease | 400 Henderson Rd
(309) 368-5671 x

Dollar General With Active lease | 400 Henderson Rd

Jerry Dahl

(309) 368-5671

(309) 368-5671

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