Dollar General NNN
For Sale
Contact for pricing
549 Lake Park Drive, Germantown, IL 62245
Six single-tenant retail properties operate under double-net lease structures with limited landlord responsibilities.
Property SizeContact for details
Days on Market143
Property Features for 549 Lake Park Drive
General Information
Standard status
Active
Property subtype
Retail
Building Details
Buildings
6
Listing Agency:
Craig G. Yale & Associates
Listed By:
Jason Yale · License #IL 471011297
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Aug 30 at 6:55AM
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 Craig G. Yale & Associates
Investment Insights
Based on property information with market context.
This portfolio includes six single-tenant Dollar General retail properties serving locations within the St. Louis MSA. The stores were constructed between 2007 and 2010 and are subject to double-net leases, with limited landlord obligations identified in the offering information.
Four locations have recently received lease extensions. The West Frankfort, IL property has entered its first renewal option, while the Mounds, IL store has 7 years remaining on its initial 15-year term and a 3% rent increase scheduled for 2020. The properties are situated in Missouri and Illinois, with no location more than 2.5 hours from St. Louis. The portfolio includes the property at 549 Lake Park Drive in Germantown, IL.
Four locations have recently received lease extensions. The West Frankfort, IL property has entered its first renewal option, while the Mounds, IL store has 7 years remaining on its initial 15-year term and a 3% rent increase scheduled for 2020. The properties are situated in Missouri and Illinois, with no location more than 2.5 hours from St. Louis. The portfolio includes the property at 549 Lake Park Drive in Germantown, IL.
Key Highlights
- Six single‑tenant Dollar General retail properties
- Double‑net lease structure with limited landlord responsibilities
- Stores constructed between 2007 and 2010
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
85
Businesses Nearby
6k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Shell
Shops & Services
5,612 visits/mo
0.5 miles
Demographics for 62245, IL
1,815
Population
770
Households
2.4
Avg Household Size
41
Median Age
24%
College-Educated
94%
High-School Grad
18.4 sq mi
ZIP Area
99
Density / Sq Mi
$89,375
Median Household Income
$60,595
Median Earnings
$645
Median Rent
$197,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
NNN property - Six single-tenant retail properties operate under double-net lease structures with limited landlord responsibilities.
Where is this nnn property located?
The property is located at 549 Lake Park Drive Germantown, IL.
What are key features of this property?
This property features: Six single‑tenant Dollar General retail properties; Double‑net lease structure with limited landlord responsibilities; Stores constructed between 2007 and 2010
