New Berlin, IL (Springfield MSA)
Price: $1,089,700
Cap Rate: 6.80%
Status: UNDER CONTRACT

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Rep-Photo-New-Berlin
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Blue West Capital is pleased to offer for sale a Dollar General located in the Springfield MSA. This location offers a long-term net lease with over 7 years remaining and a proven strong performing store evidenced by Dollar General’s recent early lease extension.

Dollar General is an investment grade rated company (S&P BBB) with a $49 billion market capitalization and is an e-commerce resistant and recession-proof company. Dollar General is committed to this location and recently performed a store remodel.

  • Located just south of Interstate 72
  • Average annual household incomes in excess of $95K within a ten mile radius
  • 10% rental increases in each renewal option period
  • Minimal competition in the area

OFFERING SUMMARY

Price: $1,089,700
Cap Rate: 6.80%

Building SF: 9,014 SF
Year Built:
2009

INVESTMENT CONTACT

ZACH WRIGHT    
Director & Partner
Investment Sales
720.966.1628
Zach@BlueWestCapital.com

BRANDON WRIGHT  
Analyst
Investment Sales
720.828.7457
Brandon.Wright@BlueWestCapital.com

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2021-06-11T10:17:57-07:00
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