For Sale
$550,000

4101 Pontoon Rd Pontoon Beach, IL 62040

High-traffic, net-leased Dollar General. Strong ROI.

Overview

Added:
Dec 11, 2024
Days on market:
127

Highlights

  • $550,000 asking price for a 8,250 SF retail property in Pontoon Beach, IL.
  • Net lease with a credit-rated corporate guarantee from Dollar General.
  • 1.6 years remaining on a 26.9-year lease, generating $36,605 annual NOI and a 6.70% cap rate.
  • High-traffic location on Pontoon Rd with over 9,775 vehicles per day.
  • Strong demographics: Average household income exceeding $74,000 within a 3-mile radius.
  • Excellent location in the St. Louis, MO metro area, near Southwestern Illinois College.

Property Details for 4101 Pontoon Rd

Property type
Retail properties, Retail space
Square Feet
8,250 SF
Lot Size (sq. ft)
32,234 SF

Location Insight

City
Pontoon Beach
County
Madison
State
Illinois
Latitude
38.731584379483
Longitude
-90.076541988591
4101 Pontoon Rd, Pontoon Beach, Illinois
Leaflet | © OpenStreetMap contributors

FAQs

What type of property is this?
Retail property - High-traffic, net-leased Dollar General. Strong ROI.
Where is the retail property located?
The property is located at 4101 Pontoon Rd Pontoon Beach, IL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: $550,000 asking price for a 8,250 SF retail property in Pontoon Beach, IL.; Net lease with a credit-rated corporate guarantee from Dollar General.; 1.6 years remaining on a 26.9-year lease, generating $36,605 annual NOI and a 6.70% cap rate.
How can I contact the broker?
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4101 Pontoon Rd
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