Dollar General (Warsaw, IL)

Warsaw | IL

Dollar General (Warsaw, IL)

511 Main St Warsaw | IL 62379

Offering Summary

  • Status: closed
  • Price: $1,150,000
  • CAP Rate: 7.17%
  • GLA: 7,489 SF
  • Net Operating Income: $82,479
  • Price/SF: $168.11
  • Year(s) Built: 2018
  • Lot Size (Acres): 0.62
  • Lease Type: Absolute NNN
  • Major Tenants: Dollar General
  • 10 Years Remaining on Absolute NNN Lease | Zero Landlord Responsibilities
  • 10% Rental Increases at Each of the Three, Five-Year Renewal Options
  • Full Concrete Parking Lot (Tenant Responsible for All Maintenance)
  • Easy Access and Visibility Along the Primary Thoroughfare (Main Street)
  • Warsaw is Border Town Between Illinois, Missouri and Iowa
  • Diverse Economy: Strong Mix of Manufacturing, Agriculture and Service Industries
  • Warsaw is Located on the Mississippi River and is a Border City with Easy Access to Three
  • Different States – Illinois, Iowa, and Missouri
  • Investment Grade S&P “BBB” Credit | $45 Billion Market Cap (NYSE: DG) | 18,190+ Stores in 44 States
  • Dollar General is Ranked #106 on the Fortune 500 List (2022)
EXCLUSIVELY LISTED BY:

Craig Fuller

Senior Managing Director