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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    601 7th St, Wyoming, IL 61491-1353

    1.15 ac lot
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US28-3338741
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a single-tenant, net-leased Dollar General storefront located at 601 S 7th St, Wyoming, IL 61491. The property boasts 9,014 square feet of net rentable space situated on a 1.15-acre lot, zoned C-1. Built in 2009, this Class B building enjoys a 100% occupancy rate with a credit-rated tenant under a lease commencing December 21, 2009, and expiring November 30, 2029. The current lease has approximately 5 years remaining, with three lease options available. The property generates a strong net operating income (NOI) of $76,234, resulting in an attractive 7.50% cap rate. This strategically located storefront offers excellent visibility and ample parking, making it an ideal investment for discerning buyers seeking a stable, high-return asset. The property's APN is 07-01-109-021. This is a rare opportunity to acquire a well-performing, investment-grade property in a desirable location. The asking price is $1,016,320.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 1.15 ac (50,094 SF)
    Zoning code C-1 COMMERCIAL
    APN 07-01-109-021
    UPID US28-3338741
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    REAL POWER INVESTMENTS LLC
    REAL POWER INVESTMENTS LLC
    Zoning & alternative use
    C-1 COMMERCIAL · Wyoming, IL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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