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Dollar Tree 251 N Broad St 10,500 SF Retail Building Carlinville, IL 62626 $1,165,416 CAD ($110.99 CAD/SF) 10% Cap Rate
Investment Highlights
- NN Lease/Minimal Landlord Responsibilities
- Retrofitted to a Dollar Tree prototype in 2020
- HVAC - Heat Exchange Warranty has 120 Months remaining from 2020 Install
- Roof has a 15 ear Warranty
- Located less than 1 Mile from Blackburn College Campus
Executive Summary
Exclusive Realty is pleased to present a NN Dollar General for sale in Carlinville, Illinois, ideally located to serve the surrounding residential and rural communities. This property benefits from a net lease structure, providing investors with a stable income stream while requiring minimal landlord involvement. Dollar General, a nationally recognized retailer, offers essential household goods, groceries, health and beauty products, and convenience items, ensuring consistent customer traffic. Carlinville and the surrounding region feature a mix of residential neighborhoods, schools, and small businesses, creating a reliable local market for daily need retail.
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Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
10,500 SF
Building Class
C
Year Built
1960
Price
$1,165,416 CAD
Price Per SF
$110.99 CAD
Cap Rate
10%
NOI
$116,542 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.31
Lot Size
0.79 AC
Zoning
commercial
Parking
35 Spaces (3.33 Spaces per 1,000 SF Leased)
Frontage
2’ on Broad St
Amenities
- Security System
- Storage Space
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $126,628 CAD | |
| Land Assessment | $103,556 CAD | Total Assessment | $230,183 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$103,556 CAD
Improvements Assessment
$126,628 CAD
Total Assessment
$230,183 CAD
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Dollar Tree | 251 N Broad St
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