1217 Us Highway 45 N Eldorado, IL 62930

Properties For Sale

at 1217 Us Highway 45 N Contact us

Listing agency Transwestern | Fort Worth g***@transwestern.com Show Phone

Listed by Gavin Behr · License #TX:692962 Show Phone

Source Transwestern

Added: Mar 7 Updated: Jul 10 at 3:56PM Checked: Jul 21 at 3:01AM

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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

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.