Dollar General Market - Net Lease Property for Sale
Brookport, IL
Key Investment Metrics
Price
$1,454,772
Cap Rate
6.3%
Net Operating Income
$92,377
Building Size
12668 SF
Lot Size
12,668 SF
Land Area
1.77 Acres
Remaining Term
11.8 years
Lease Expiration
10/31/2037
Lease Term
15 years
Lease Commencement
10/27/2022
Lease Type
Absolute NNN
Tenant Credit
Credit Rated
Year Built
2022
Occupancy
100%
Tenancy
Single
Rent Increases
10% Each Option Period
About This Dollar General Market Net Lease Property
This Dollar General Market NNN (triple net lease) property is located in Brookport, IL and represents an excellent investment opportunity for commercial real estate investors. The property features 12668 square feet of building space and was built in 2022.
With a cap rate of 6.3%, this Dollar General Market net lease property offers stable income potential. The asking price is $1,454,772, making it an attractive option for 1031 exchange investors seeking quality Dollar General Market commercial properties.
Why Invest in Dollar General Market NNN Properties?
- Stable Income: Dollar General Market net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Dollar General Market is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Brookport, IL Market Overview
Located in Brookport, IL, this Dollar General Market property benefits from strong local demographics and market fundamentals. The Brookport area offers excellent visibility and accessibility, making it an ideal location for Dollar General Market operations and a solid investment for net lease property buyers.