Available Properties
Dollar General – Riverton, IL
- Riverton, IL
Listing Broker
Angelo Iacobelli
- angelo@amcreis.com
- (586) 200-0044
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Property Details
- Sale Price:
- Cap rate:
- Term Remaining:
- Lease Type:
- Lease Guarantee:
- 7.75%
- 6+ Years
- NN+ Lease
- N/A
Highlights
- Located right outside the Springfield, MSA
- Tenant Exercised an Early Lease Extension showing Commitment to the Site
- Tenant is Responsible for HVAC Repair/Replacement and the Cost of all CAM
- 15 Year Operating History with Low-Rent
- Landlord Favorable NN+ Lease
- Corporately Guaranteed Lease by Dollar General (S&P-BBB Credit)
Sale 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.
Location
Demographics
| Radius from site | population | average income |
|---|---|---|
|
3 Mile |
7,415 |
$83,923 |
|
5 Mile |
23,604 |
$87,830 |
|
10 Mile |
120,940 |
$74,794 |
