Dollar General NNN
For Sale
Contact for pricing
704 OHIO ST, Brookport, IL 62910
Corporate-guaranteed retail property with an absolute NNN lease and scheduled renewal options.
Property Size12,668 SF
Price / SF$109.66
Days on Market104
Property Features for 704 OHIO ST
General Information
Standard status
Active
Size
12,668 SF
Property subtype
Retail
Zoning
Commercial
Occupancy
100%
Lease Type
Absolute NNN
Investment Type
Net Lease
Net Operating Income
$92,377
Additional Details
Cap Rate
6.65%
Building Details
Year Built
2022
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Fortis Net Lease
Listed By:
Kyle Carson · License #MI 6501384480
Source:
Crexi
Added: Apr 24
Changed: Aug 3
Last Checked: Aug 4 at 1:54PM
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 Fortis Net Lease
Investment Insights
Based on property information with market context.
Built in 2022, this 12,668 SF Dollar General Market occupies a purpose-built retail building at 704 Ohio St. in Brookport, Illinois. The store began operations in October 2022 and is leased under an absolute NNN structure, placing property-level operating responsibilities with the tenant. Dollar General Corporation provides the lease guarantee and carries a BBB credit rating, identified in the source information as investment grade.
The property sits at the corner of E 7th Street and Ohio Street near the Illinois–Kentucky state border. Reported traffic at the corner is 5,075 cars per day, while the five-mile population is 23,535. The lease provides five-year renewal options with a 10% rent increase at each option period. The offering also reports a 6.65% cap rate based on NOI of $92,377.56.
The property sits at the corner of E 7th Street and Ohio Street near the Illinois–Kentucky state border. Reported traffic at the corner is 5,075 cars per day, while the five-mile population is 23,535. The lease provides five-year renewal options with a 10% rent increase at each option period. The offering also reports a 6.65% cap rate based on NOI of $92,377.56.
Key Highlights
- 12,668 SF Dollar General Market building completed in 2022
- Absolute NNN lease with five‑year renewal options
- 10% rental rate increase at each five‑year option
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
66
Businesses Nearby
Explore this area
Business Placement
Demographics for 62910, IL
2,269
Population
935
Households
2.4
Avg Household Size
44
Median Age
10%
College-Educated
80%
High-School Grad
107.1 sq mi
ZIP Area
21
Density / Sq Mi
$59,861
Median Household Income
$34,891
Median Earnings
$813
Median Rent
$90,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Corporate-guaranteed retail property with an absolute NNN lease and scheduled renewal options.
Where is this nnn property located?
The property is located at 704 OHIO ST Brookport, IL.
What is the asking price?
The asking price for this property is $1,389,136.
What are key features of this property?
This property features: 12,668 SF Dollar General Market building completed in 2022; Absolute NNN lease with five‑year renewal options; 10% rental rate increase at each five‑year option
