Dollar General Investment New 10 Year Lease

SaleRetail 9,233 SF

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Property Highlights

1204 N Market St
Champaign, IL 61820

Price: $1,615,400.00 Price Reduced

Building Size: 9,233 SF

Lot Size (sqft): 26,256.63 SF

Zoning: CN - Commercial Neighborhood

Tax PIN: 46-21-06-354-020

Cap Rate: 6.5%

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Property Description

Introducing an exceptional investment opportunity in Champaign! Nestled at 1204 N Market St, this prime retail location boasts a brand new Dollar General store, offering a solid and reliable income stream with a recently signed 10-year lease generating $105,000 annually, coupled with two additional options. With its strategic placement on a corner lot, this property offers unparalleled visibility, ensuring maximum exposure for your investment. Ample on-site parking further enhances convenience for both customers and tenants alike, In addition, the investment opportunity benefits from its proximity to a newly opened Home Depot, further solidifying its appeal within the retail landscape. Situated near a large retail and shopping hub boasting prominent names such as Costco, Best Buy, and Target this location offers a synergistic environment for businesses to thrive.

Map

201 W Springfield Ave, 11th floor Champaign, IL 61820 | 217-352-7712

www.CBCDR.com

The information found within this brochure is for informational purposes only, and is not audited, warranted or in any fashion guaranteed by Coldwell Banker Commercial Devonshire Realty. It is subject to verification and no liability for errors or omissions is assumed. Notice of Agency: Coldwell Banker Commercial Devonshire Realty is the exclusive agent for the seller/lessor and therefore represents the seller/lessor, unless expressed otherwise in writing with the parties to a transaction.