Dollar General Investment New 10 Year Lease

SaleRetail 9,233 SF
Print Brochure
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%

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.