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1003 13th St, Viola, IL, 61486
Dollar General Triple Net Lease

1003 13th St Viola, IL 61486

For Sale
Contact for pricing

Absolute triple net Dollar General investment with a lease term through 11/30/2030 and renewal options.

Days on Market106

Property Features for 1003 13th St

General Information

Standard status
Active
Property subtype
Retail, Land
Listing Agency: SVN | Silveri Company
Listed By: Peter Colvin · License #MI 6501197270
Source: Crexi
Added: Apr 10 Changed: Jul 20 Last Checked: Jul 22 at 11:46AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Silveri Company


Investment Insights

Based on property information with market context.

This offering is an absolute triple net leased Dollar General investment property. The 15-year triple net lease began on 12/30/2015 and is scheduled to end on 11/30/2030, with three additional five-year renewal periods. The renewal terms include 10% increases every five years.

The property is located at 1003 13th St in Viola, IL, situated on Hwy 67 south of the Davenport and Quad Cities area.

SVN Colvin Team indicates that very attractive non-recourse financing is available in connection with the purchase.

Key Highlights

  • Absolute triple net leased Dollar General investment property in Viola, IL
  • 15‑year triple net lease began 12/30/2015 and runs through 11/30/2030
  • Lease includes 3 five‑year renewal options with 10% increases every 5 years

Property Analytics

Location Intelligence

Current Use by Public Records

Grocery and convenience stores

Suggested Use

Storage Facility Garden Center Grocery & Convenience Store Parking Lot & Garage Cafe & Coffee Shop Nail Salon Law Firm Grocery & Convenience Store Spa & Massage Center Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
NNN property - Absolute triple net Dollar General investment with a lease term through 11/30/2030 and renewal options.
Where is this nnn property located?
The property is located at 1003 13th St Viola, IL.
What are key features of this property?
This property features: Absolute triple net leased Dollar General investment property in Viola, IL; 15‑year triple net lease began 12/30/2015 and runs through 11/30/2030; Lease includes 3 five‑year renewal options with 10% increases every 5 years
(616) 949-6168 Call to check price and availability
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