Dollar General

For Sale

2598 State Rt. 9, Rankin, IL 60960

This Rankin property for sale is located at 2598 State Rt. 9. The current listed sale price for Dollar General is $1,828,471. Dollar General is situated on a lot that is 1.72 acre in size.

Contacts

broker

Eric Kelley

Trinity Real Estate Investment Services

(281) 610-5011

Property Details

  • Property Type Retail - Freestanding
  • Property Size 10,640 SF
  • Units 1
  • Lot Size 1.72 Acre
  • Property Tenancy Single Tenant
  • Year Built 2022
  • Date Updated Apr 24, 2024
TBDTrinity Real Estate Investment Services is pleased to present the opportunity to acquire a Dollar General in Rankin, IL. This new development property is a 10,640 square foot prototype with a 15-year Absolute NNN lease and attractive 5% rental increases every 5 years throughout primary term bringing the CAP rate to 7.35%. Broker of Record: Brian Brockman
 Bang Realty, Inc | IL #471020548 [email protected] | (513) 898-1551

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Highlights

  • 15-Year Absolute NNN Lease New Development Dollar General
  • Attractive 5% Rental Increases Every 5 Years Throughout Primary Term – Bring CAP Rate to 7.35% During Primary Term
  • Attractive 6.7% List Cap Rate for Investment Grade Tenant with Long-Term in Place Lease
  • Store Open and Paying Rent – Opened February 2024
  • 10,640 Square Foot Prototype

Getting around

  • 11/100

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  • 34/100

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Location

  • City Rankin, IL
  • Neighborhood Rankin
  • Zip Code 60960

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Eric Kelley

Trinity Real Estate Investment Services

(281) 610-5011