905 W 4th St
Milan, IL 61264
Dollar General Quad Cities IL · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- •Possible Cash-on-Cash Return of 20.19%
- • 2.5 + Years Remaining
- •6% Rent Increase at Each Option
- • 20 + Years of proven success at this location
- •(2) Three Year Options
- •NN ½ Lease – Limited Landlord Responsibility
PROPERTY FACTS
ABOUT 905 W 4TH ST , MILAN, IL 61264
Milan is a town in Rock Island County, Illinois, United States. Milan is part of the Quad Cities of Illinois and Iowa metropolitan area. Milan is home to the John Deere North American Parts Distribution Center, one of the largest warehouses in the world. The Quad Cities Metropolitan has previously been ranked as one of the fastest-growing areas in the nation for high-tech jobs. The subject property is located just 3 miles from the Quad City International Airport, Illinois’ third-busiest airport. The store is located just off of Interstate 280, a main thoroughfare for the Quad Cities with a traffic count above 16,400 daily cars. Additionally, the store is located in a commercial corridor on Knoxville Rd. with 11,930 daily cars passing by. The subject property’s 1-mile radius services a population of 2,100, very strong demographics for Dollar General. All of this combines to make an extremely strong location for Dollar General.
PROPERTY TAXES
| Parcel Number | 16-23-409-001 | Improvements Assessment | $126,685 |
| Land Assessment | $22,514 | Total Assessment | $149,199 |
