Log In/Sign Up
Your email has been sent.
2433 Ridge Rd
Lansing, IL 60438
Dollar Tree · Retail Property For Sale
Investment Highlights
- 5+ Years Remaining in NN Lease | Requires Minimal Landlord Responsibility
- Lease Supports Three (3), 5-Year Option Periods | Rent Escalations of $0.50 PSF Featured During Each Option Period
- 10 Year Transferrable Roof Warranty Available Upon Sale
- New 2016 Construction Featuring Dollar Tree’s Modern Prototype Store | Site Averages 359K+ Visits Per Year (Placer.ai)
- Rent Increase Provides Investor with Hedge Against Inflation
- Corporate Guarantee by Dollar Tree which Carries a “BB+” Rating
Executive Summary
5+ Years Remaining in NN Lease | Requires Minimal Landlord Responsibility
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,000 SF
Building Class
B
Year Built
2016
Price
$2,506,016 CAD
Price Per SF
$250.60 CAD
Cap Rate
7.35%
NOI
$184,266 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
1.00 AC
Zoning
Commercial
Parking
48 Spaces (4.8 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Numbers | Improvements Assessment | $95,716 CAD | |
| Land Assessment | $15,934 CAD | Total Assessment | $111,650 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$15,934 CAD
Improvements Assessment
$95,716 CAD
Total Assessment
$111,650 CAD
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
