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| Price $1,747,328 | Built/Renov 2023 | Tenant Dollar General |
| Cap Rate 6.55% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
10,640
| Lease Start
08-23-2023
| #Units
19,986
|
| Price/SF $164.22 | Expiration
08-31-2038
| Tenant Type Dollar/Discount |
| NOI $114,450 | R. Term 13.8 | Ownership Fee Simple |
| Rent/SF
$10.76
| Increases 10.0%/4/yrs | Pop 5Mi 96,326 |
| Lot/AC 2.93 | Options 4/5yrs/10% | AHHI 5Mi $78,162 |
| | |
This newly constructed 10,640 square-foot building benefits from its position along University Parkway which connects towns Crete and University Park to Interstate 57 (68,600+ VPD). The property is located less than two miles east of Governors State University (GSU), which has over 4,400 students enrolled. Notable tenants occupying the corridor include Amazon, Clorox, Georgia Pacific, DHL, DOT...
...New construction
Near major nationals
Strategically located
Top 100 MSA
Strong demographics
Absolute NNN
Long 10+ yr lease
Traded and rated company
Corporate Guarantee
Investment grade tenant
Dollar General Corporation (NYSE: DG) is an American chain of variety stores . The stores deliver everyday low prices on items including food, snacks, health, and beauty aids, cleaning...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 5,668 | 38,416 | 95,498 |
| 2023 Total Population : | 5,728 | 38,605 | 96,326 |
| 2023 Employed Civilian Pop : | 3,003 | 18,411 | 43,619 |
| 2023 Total Businesses : | 84 | 754 | 2,374 |
| 2023 Average Household Income : | $ 74,471 | $ 72,404 | $ 78,162 |
| 2023 Total Consumer Spending : | $ 139 M | $ 996 M | $ 2541 M |
| 2023 Median Age : | 33 | 39 | 39 |
| 2023 Total Households : | 2,145 | 15,813 | 37,451 |
| 2023 Pop Age 25+: Bachelor's Degree : | 765 | 4,235 | 10,228 |
| 2023 Average Home Value : | $ 227,922 | $ 166,821 | $ 201,807 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| South Western Avenue | W Valley View Ln | 2019 | 8,600 | 0.28 mi |
| West Exchange Street | Western Ave | 2019 | 8,100 | 0.35 mi |
| Western Ave | W Loves Ln | 2012 | 6,650 | 0.36 mi |
| University Pkwy | Burr Oak Ln | 2012 | 7,950 | 0.42 mi |
| University Pkwy | Towncenter Dr | 2008 | 4,300 | 0.81 mi |
| University Pkwy | S Steger Monee Rd | 2008 | 4,300 | 1.24 mi |
| Kings Rd | Eagle Dr | 2012 | 1,050 | 1.27 mi |
| S Steger Monee Rd | W Oakhill Dr | 2018 | 1,700 | 1.30 mi |
| University Pkwy | S Steger Monee Rd | 2008 | 3,750 | 1.36 mi |
| Western Ave | W Old Monee Rd | 2008 | 1,850 | 1.43 mi |
North Versailles, PA
Cap Rate 7.00%
Lease NN+
R. Term 8.40 yrs
Size/SF 10,000
Ham Lake, MN
Cap Rate 5.75%
Lease Abs NNN
R. Term 10.11 yrs
Size/SF 9,100
Osage City, KS
Cap Rate 7.50%
Lease Abs NNN
R. Term 4.30 yrs
Size/SF 12,406
Chase City, VA
Cap Rate 7.05%
Lease Double NN
R. Term 12.30 yrs
Size/SF 13,110
Albany, NY
Cap Rate 6.00%
Lease Double NN
R. Term 7.30 yrs
Size/SF 7,857
Goshen, IN
Cap Rate 6.20%
Lease Abs NNN
R. Term 14.70 yrs
Size/SF 10,000
Elm City, NC
Cap Rate 6.65%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 10,770
Grand Bay, AL
Cap Rate 6.40%
Lease Abs NNN
R. Term 14.20 yrs
Size/SF 10,542
Rush Springs, OK
Cap Rate 6.60%
Lease Double NN
R. Term 8.50 yrs
Size/SF 10,500
Gassville, AR
Cap Rate 7.00%
Lease Double NN
R. Term 9.80 yrs
Size/SF 10,500
Benton Harbor, MI
Cap Rate 6.65%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 10,640
Cass City, MI
Cap Rate 7.50%
Lease Double NN
R. Term 9.40 yrs
Size/SF 10,500
Dublin, VA
Cap Rate 7.25%
Lease Double NN
R. Term 8.10 yrs
Size/SF 10,000
Spring Lake, MI
Cap Rate 7.00%
Lease Abs NNN
R. Term 14.20 yrs
Size/SF 10,640
New Middletown, IN
Cap Rate 6.75%
Lease Abs NNN
R. Term 13.10 yrs
Size/SF 10,640
Wetumpka, AL
Cap Rate 6.40%
Lease Abs NNN
R. Term 14.00 yrs
Size/SF 10,640
Merryville, LA
Cap Rate 6.65%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 10,566
Oak Hill, OH
Cap Rate 7.50%
Lease Double NN
R. Term 8.10 yrs
Size/SF 10,500
Hastings, PA
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.00 yrs
Size/SF 10,566
Manton, MI
Cap Rate 6.65%
Lease Abs NNN
R. Term 14.50 yrs
Size/SF 10,640
Mayfield, KY
Cap Rate 7.35%
Lease Double NN
R. Term 9.40 yrs
Size/SF 10,500
Bloomfield, NY
Cap Rate 6.40%
Lease Abs NNN
R. Term 10.90 yrs
Size/SF 9,211
Byron, NY
Cap Rate 6.35%
Lease Abs NNN
R. Term 14.50 yrs
Size/SF 9,026
Edinburg, PA
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 10,566
Fort Edward, NY
Cap Rate 6.00%
Lease Abs NNN
R. Term 10.80 yrs
Size/SF 9,281
Comanche, OK
Cap Rate 6.60%
Lease Double NN
R. Term 8.50 yrs
Size/SF 10,500
Pontiac, MI
Cap Rate 6.75%
Lease Double NN
R. Term 2.10 yrs
Size/SF 9,750
Kaplan, LA
Cap Rate 6.65%
Lease Abs NNN
R. Term 13.10 yrs
Size/SF 12,687
Chase, MI
Cap Rate 6.75%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 10,640
Sharon, PA
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.00 yrs
Size/SF 10,566
Galway, NY
Cap Rate 6.40%
Lease Abs NNN
R. Term 10.00 yrs
Size/SF 9,400
Crab Orchard, KY
Cap Rate 7.40%
Lease Double NN
R. Term 8.11 yrs
Size/SF 10,500
Ham Lake, MN
Cap Rate 5.75%
Lease Abs NNN
R. Term 10.80 yrs
Size/SF 9,100
Clarkton, MO
Cap Rate 6.65%
Lease Abs NNN
R. Term 14.00 yrs
Size/SF 12,687
Bronson, MI
Cap Rate 7.00%
Lease Abs NNN
R. Term 14.40 yrs
Size/SF 12,687
Interlochen, MI
Cap Rate 6.75%
Lease Abs NNN
R. Term 13.11 yrs
Size/SF 10,287
Smithfield, PA
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.20 yrs
Size/SF 10,640
Mexico, NY
Cap Rate 6.50%
Lease Abs NNN
R. Term 11.30 yrs
Size/SF 9,026
Patterson, MO
Cap Rate 6.25%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 10,640
Lawrenceville, PA
Cap Rate 7.25%
Lease Double NN
R. Term 9.10 yrs
Size/SF 10,500
Roan Mountain, TN
Cap Rate 7.15%
Lease Double NN
R. Term 9.11 yrs
Size/SF 10,500
Whiteville, TN
Cap Rate 6.75%
Lease Double NN
R. Term 9.70 yrs
Size/SF 10,500
Scottsbluff, NE
Cap Rate 6.75%
Lease Abs NNN
R. Term 14.50 yrs
Size/SF 10,640
Callao, VA
Cap Rate 7.00%
Lease Double NN
R. Term 8.50 yrs
Size/SF 16,100
Shirley, AR
Cap Rate 6.50%
Lease Abs NNN
R. Term 13.60 yrs
Size/SF 12,668
Marlette, MI
Cap Rate 7.50%
Lease NN+
R. Term 9.00 yrs
Size/SF 10,500
Spencer, TN
Cap Rate 7.30%
Lease Double NN
R. Term 8.40 yrs
Size/SF 10,500
Butlerville, IN
Cap Rate 7.10%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 10,566
Mercer, PA
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 10,566
Gibson, NC
Cap Rate 6.45%
Lease Abs NNN
R. Term 13.80 yrs
Size/SF 10,640
Kempner, TX
Cap Rate 7.00%
Lease Double NN
R. Term 9.70 yrs
Size/SF 10,500
Benton Harbor, MI
Cap Rate 6.65%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 10,640
Ford City, PA
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 10,566
Miner, MO
Cap Rate 6.90%
Lease Abs NNN
R. Term 14.20 yrs
Size/SF 10,640
Vandalia, MO
Cap Rate 6.85%
Lease NN+
R. Term 14.00 yrs
Size/SF 12,688
Axson, GA
Cap Rate 7.00%
Lease Abs NNN
R. Term 13.30 yrs
Size/SF 10,640
Bisbee, AZ
Cap Rate 6.60%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 10,566
Pine Bluff, AR
Cap Rate 7.15%
Lease NN+
R. Term 9.80 yrs
Size/SF 10,500
Horseshoe Bend, AR
Cap Rate 6.25%
Lease Abs NNN
R. Term 14.60 yrs
Size/SF 12,687
Eunice, LA
Cap Rate 6.40%
Lease Abs NNN
R. Term 13.11 yrs
Size/SF 10,640
Brockport, PA
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.20 yrs
Size/SF 10,566
Vandalia, MO
Cap Rate 7.10%
Lease Abs NNN
R. Term 13.80 yrs
Size/SF 12,668
Fowlerville, MI
Cap Rate 6.40%
Lease NN+
R. Term 14.50 yrs
Size/SF 10,640
Heathsville, VA
Cap Rate 7.10%
Lease Double NN
R. Term 14.20 yrs
Size/SF 11,305
Burgess, VA
Cap Rate 6.75%
Lease Double NN
R. Term 8.70 yrs
Size/SF 10,352
Traverse City, MI
Cap Rate 6.60%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 7,500
Muskegon, MI
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 10,542
Hickman, KY
Cap Rate 7.15%
Lease Double NN
R. Term 9.80 yrs
Size/SF 10,500
Hooks, TX
Cap Rate 6.69%
Lease Double NN
R. Term 9.40 yrs
Size/SF 10,500
Caroga Lake, NY
Cap Rate 6.00%
Lease Abs NNN
R. Term 11.10 yrs
Size/SF 9,250
Claysburg, PA
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.20 yrs
Size/SF 10,566
Beckemeyer, IL
Cap Rate 6.75%
Lease Abs NNN
R. Term 15.10 yrs
Size/SF 10,566
Talala, OK
Cap Rate 6.80%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 10,566
Monticello, AR
Cap Rate 6.75%
Lease Abs NNN
R. Term 14.40 yrs
Size/SF 10,640
Mount Vernon, TX
Cap Rate 6.70%
Lease Double NN
R. Term 9.30 yrs
Size/SF 1,320
Scottville, MI
Cap Rate 6.65%
Lease Abs NNN
R. Term 14.20 yrs
Size/SF 12,480
Marshall, MN
Cap Rate 7.25%
Lease Double NN
R. Term 9.20 yrs
Size/SF 10,500
Spiro, OK
Cap Rate 7.15%
Lease NN+
R. Term 8.60 yrs
Size/SF 10,500
Stephentown, NY
Cap Rate 5.97%
Lease Abs NNN
R. Term 10.11 yrs
Size/SF 9,166
Interlachen, FL
Cap Rate 6.15%
Lease Double NN
R. Term 3.20 yrs
Size/SF 9,180
Roachdale, IN
Cap Rate 6.90%
Lease Abs NNN
R. Term 14.11 yrs
Size/SF 9,100
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
