252 N Main St, White Hall, IL 62092

Building Details

Year Built

2023

Listing agent Robert Cissell License #MO 1999024539

Listing office Cissell Mueller Company LLC

Listing date Jul 22, 2024

Source Crexi

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Overview

This property, built in 2023, features a 10,640-square-foot building on a 0.78-acre site. The property is leased to Dollar General Corporation with a finish-to-suit lease. The lease commenced on September 20, 2022, and expires on September 30, 2032, leaving an eight-year remaining lease term. The lease is NNN, with three five-year options. The monthly rent is $7,731.37, resulting in an annual rent of $92,736.00. The lease includes 10% rent increases for each of the three five-year option periods. The property was formerly a Kroger tenant and was appraised in 2022 for $1,473,000.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

White Hall

County

Greene

State

Illinois

Longitude

-90.403322

Latitude

39.439253

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FAQs

What type of property is this?

NNN property - NNN Dollar General property with an eight-year lease.

Where is this nnn property located?

The property is located at 252 N Main St White Hall, IL.

What is the asking price?

The asking price for this property is $1,250,000.

What are key features of this property?

This property features: NNN Lease with Dollar General Corporation as Guarantor; New Construction: Built in 2023; 8‑Year Remaining Lease Term (Expires 09/30/32)