Published on: Tuesday, August 6, 2024
Updated on: Tuesday, August 6, 2024
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About the Lister
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Name: Brian Kirksey
Company: Keller Williams Paint Creek
Office Phone: (248) 336-2086
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  Dollar General, Riverton, IL
1259 N 7th St Riverton Illinois , 62561
1259 N 7th St Riverton Illinois , 62561 Keller Williams Paint Creek
Listing ID: CL-Illinois-11185

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): 8.5
Net Operating Income: $87,822
Commission Split (%): 0
Quick Glance
Listing ID: CL-Illinois-11185
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: 100%
Year Build: 2010
Building Size: 9,014 SqFt
Lot Size: 42,470 SqFt.
No of Stories: 1
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Listing Summary
AMC Real Estate Investment Services is pleased to offer a prime investment opportunity: a net lease Dollar General property located at 1259 N 7th St, Riverton, IL.
Complete Details
Year Build: 2010
Building Size: 9,014 SqFt.
No of Stories: 1
Total Lot Area: 42470 SqFt.
No of Parking: N/A
No of Total Units: 1
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: Not Specified
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 100%
Full Description
AMC Real Estate Investment Services is pleased to offer a prime investment opportunity: a net lease Dollar General property located at 1259 N 7th St, Riverton, IL. This property presents an attractive 8.5% cap rate with a stable and committed tenant, Dollar General, which has exercised an early lease extension. Situated just outside the Springfield MSA, this store benefits from a strong local economy and growing population, making it an excellent addition to any investment portfolio.
Additional Properties
Property Highlights
  • Located in the Springfield, IL MSA 200K+ Residents
  • Low Price Point Deal
  • 6 Years Remaining on the Current Lease Term
  • NN+ Lease with Minimal Landlord Obligations
  • 15 Year Operating History with Low-Rent
  • Corporately Guaranteed Lease by Dollar General
  • S&P-BBB Credit Rated Tenant
Listing Location
Attached Documents
  • Download | OM 1259 N 7th St revised 6262024.pdf ( 3,913.90KB)
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