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Property profile & analytics
OFF-MARKET
Grocery and convenience stores

601 Outerbelt Dr Clayton, IL 62324

10,640 SF 2 ac lot Built 2024
Entity Owned
Property ID
US28-3720405
Property summary
AI-generated overview

This exceptional investment opportunity presents a brand-new, 10,640-square-foot Dollar General store located at 601 E. Outerbelt Dr, Clayton, IL 62324. The property sits on a two-acre lot and boasts a 15-year absolute NNN lease with a corporate guarantee, ensuring consistent cash flow. The lease commenced June 1st, 2024, and includes a favorable 5% rent increase every five years, providing built-in growth potential. The current annual net operating income (NOI) stands at $101,206, yielding a 6.70% cap rate based on the asking price of $1,510,547. A recent appraisal valued the property at $1,670,000 on March 9th, 2024. The single-story building was constructed in 2024 and is zoned for commercial use. This is a rare opportunity to acquire a high-performing, low-maintenance retail investment with a strong tenant and significant long-term upside. The property's location in Adams County, Illinois, offers excellent visibility and accessibility. This is an absolute NNN lease, meaning the tenant is responsible for all property expenses, minimizing landlord responsibilities. The price per square foot is $141.97. This investment is ideal for those seeking a secure, passive income stream with substantial appreciation potential.

Property profile
Verified
Property type Grocery and convenience stores
Year built 2024
Total area 10,640 SF
Lot 2 ac (87,120 SF)
UPID US28-3720405
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Silverj2 LLC
Silverj2 LLC
since 2025
2 recorded transactions
2025
$1.5M
2025
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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