Tenant-Leased Property with Renewal
1217 Us Highway 45 N Eldorado, IL 62930
For Sale
Contact for pricing
Tenant-leased property with low rental rate and renewal option.
Property Size12,000 SF
Days on Market139
Property Features for 1217 Us Highway 45 N
General Information
- Standard status
- Active
- Size
- 12,000 SF
- Property subtype
- Retail
Properties For Sale
at 1217 Us Highway 45 N Contact us
Listing Agency:
Transwestern Fort Worth
(817) 259-3549
Listed By:
Gavin Behr · License #692962
(817) 259-3549
Source:
Transwestern
Added: Mar 7
Changed: Jul 10
Last Checked: Jul 24 at 4:34AM
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 Transwestern Fort Worth
Investment Insights
Based on property information with market context.
This tenant-leased property presents an opportunity for acquisition at an exceptionally low price point, approximately $21.50 per square foot based on the total building area of approximately 12,000 square feet. The property has a history of over 30 years of operation, with the tenant having recently executed a new 5-year lease, demonstrating a continued commitment to the location. The annual rental rate is extremely low at $3.43 per square foot "gross", providing affordable and sustainable rent. There is one remaining five-year renewal option available at $3,400.00 per month, representing a 13.33% rental increase. Additionally, there is a small remaining vacant space of approximately 1,500 square feet, which may potentially be leased out to a third-party tenant to add value.
Key Highlights
- Tenant‑leased property available at approximately $21.50 per square foot.
- Dollar General (DG) has a 30+ year operating history at this location.
- DG recently executed a new 5‑year lease.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
Similar Off Market Nearby
- Dollar General — 545 US-45, Eldorado, IL 62930
- Big John's — 1105 US-45, Eldorado, IL 62930
FAQs
What type of property is this?
Grocery and convenience store - Tenant-leased property with low rental rate and renewal option.
Where is this grocery and convenience store located?
The property is located at 1217 Us Highway 45 N Eldorado, IL.
What are key features of this property?
This property features: Tenant‑leased property available at approximately $21.50 per square foot.; Dollar General (DG) has a 30+ year operating history at this location.; DG recently executed a new 5‑year lease.
