Property summary
This exceptional investment opportunity presents a modern, 7,500-square-foot Dollar General store located at 348 IL-121 in Bethany, Illinois, 61914. Built in 2017, this single-tenant property boasts a contemporary design and offers a strong 6.49% cap rate with a Net Net Net (NNN) lease. The property features a spacious interior layout, ample parking for both employees and customers, and benefits from high visibility along State Highway 121. Currently 100% occupied by Dollar General under a lease with 10 years remaining (commencing October 5, 2018), this investment provides immediate and substantial returns. The building incorporates energy-efficient features, minimizing operating costs and maximizing long-term value. The property's strategic location in central Illinois ensures excellent accessibility and strong market presence. With a Net Operating Income (NOI) of $81,134 and an asking price of $1,250,000, this represents a compelling opportunity for investors seeking a stable, high-performing retail asset. The price per square foot is $166.67. This well-maintained property offers a rare combination of strong tenant occupancy, attractive financial metrics, and a desirable location, making it an ideal addition to any investment portfolio.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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