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Dollar General (former Kroger) 252 N Main St 11,000 SF Retail Building White Hall, IL 62092 $1,702,700 CAD ($154.79 CAD/SF) 7.42% Cap Rate



Executive Summary
Property Details:
Building Area: 10,640 SF
Site: .78 AC
Year Built: 2023
Price (PSF): $121.05
Guarantor: Dollar General Corporation
Appraised in 2022: $1,473,000
Former Kroger Tenant - Finish-to-Suit
Lease Overview:
Remaining Lease Term: 8 Year
Lease Expires: 09/30/32
Lease Type: NNN
Options: Three, (5) Year Options
Commencement Date: 09/20/2022
Monthly Rent: $7,731.37
Annual Rent: $92,736.00
Three 5-year Options with 10% Increases
Building Area: 10,640 SF
Site: .78 AC
Year Built: 2023
Price (PSF): $121.05
Guarantor: Dollar General Corporation
Appraised in 2022: $1,473,000
Former Kroger Tenant - Finish-to-Suit
Lease Overview:
Remaining Lease Term: 8 Year
Lease Expires: 09/30/32
Lease Type: NNN
Options: Three, (5) Year Options
Commencement Date: 09/20/2022
Monthly Rent: $7,731.37
Annual Rent: $92,736.00
Three 5-year Options with 10% Increases
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
11,000 SF
Building Class
C
Year Built
2022
Price
$1,702,700 CAD
Price Per SF
$154.79 CAD
Cap Rate
7.42%
NOI
$126,321 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Lot Size
0.78 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
47 Spaces (4.42 Spaces per 1,000 SF Leased)
Frontage
106’ on North Main Street
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 11-53-35-402-016 | Improvements Assessment | $224,717 CAD |
| Land Assessment | $7,474 CAD | Total Assessment | $232,191 CAD |
Property Taxes
Parcel Number
11-53-35-402-016
Land Assessment
$7,474 CAD
Improvements Assessment
$224,717 CAD
Total Assessment
$232,191 CAD
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Dollar General (former Kroger) | 252 N Main St
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