Building Details

Tenancy Single

Listing Agency: SVN | Silveri Company

Listed By: Peter Colvin · License #MI 6501197270 Show Phone

Source: Crexi

Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 11:46AM

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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

Property Profile

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Storage Facility Garden Center Grocery & Convenience Store Parking Lot & Garage Cafe & Coffee Shop Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant

Tenancy

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

63

Businesses Nearby

15k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Casey's General Store Shops & Services

11,051 visits/mo 0.1 miles

Dollar General Shops & Services

3,851 visits/mo 0.0 miles

Demographics for 61486, IL

1,383

Population

694

Households

2

Avg Household Size

46

Median Age

18%

College-Educated

93%

High-School Grad

43.4 sq mi

ZIP Area

32

Density / Sq Mi

$71,786

Median Household Income

$42,117

Median Earnings

$833

Median Rent

$126,000

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this nnn properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

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