348 Il-121, Bethany, IL 61914
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.