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Dollar General 421 Broadway St 8 125 pi² Commerce de détail Immeuble Mount Vernon, IL 62864 856 220 $ CAD (105,38 $ CAD/pi²) 7% Taux de capitalisation

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FAITS SAILLANTS DE L'INVESTISSEMENT

Long Term Tenant
Investment Grade Credit
Recession Resistant Tenant

Attractive Rent Increases
Strategic Location
Traffic Counts

RÉSUMÉ DE L'ANNONCE

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a freestanding Dollar General investment property located at 421 Broadway Street in Mount Vernon, Illinois (the “Property”). Dollar General has operated at this location since 2003 and has proactively exercised multiple early renewal options, underscoring its commitment to the site and the market. Dollar General has 4+ years remaining on their lease with two (2), 5-year renewal options. The lease features rent increases at the start of each renewal option. The Property is strategically situated along Broadway Street (IL Route 15) in Mount Vernon, offering strong frontage and visibility. It is positioned near the heart of Mount Vernon, close to local schools, retail establishments, and healthcare facilities. The location is easily accessible from surrounding residential neighborhoods, providing a built-in customer base. Mount Vernon is situated in southern Illinois at the intersection of Interstates 57 and 64, offering convenient regional connectivity to nearby cities such as Effingham, Marion, and Centralia.

FAITS SUR LA PROPRIÉTÉ

Type de vente

Investissement

Type de propriété

Commerce de détail

Sous-type de propriété

Immeuble de commerce

Taille du bâtiment

8 125 pi²

Classe d’immeuble

Année de construction/rénovation

2003/2022

Prix

856 220 $ CAD

Prix par pi²

105,38 $ CAD

Taux de capitalisation

Revenu net d’exploitation

59 936 $ CAD

Location

Unique

Hauteur du bâtiment

1 étage

Coefficient d’occupation des sols de l’immeuble

0,31

Taille du lot

0,61 AC

Zone de développement économique

Oui

Zonage

Façade

165’ sur Broadway St

PRINCIPAUX LOCATAIRES

Détaillant
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DG is proud to be America’s neighborhood general store. They strive to make shopping hassle-free and affordable with convenient, easy-to-shop stores all across the states. DG's stores deliver everyday low prices on items including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products and much more from America’s most-trusted brands and products, along with high-quality private brands. From serving their customers with value and convenience and their employees with career opportunities to serving the communities they call home through literacy and education, Dollar General has been committed to its mission of Serving Others since the company’s founding in 1939.