601 S Moreland Rd, Bethalto, IL 62010

This exceptional investment opportunity presents a brand-new, 10,640-square-foot Dollar General convenience store in Bethalto, Illinois. Located on a 2-acre lot at 601 South Moreland Rd, 62010, this single-story building boasts a 15-year Absolute NNN lease commencing May 1, 2025, and expiring May 1, 2040. The lease includes a corporate guarantee and features 5% rent increases every five years, ensuring consistent income growth. The current annual net operating income (NOI) stands at $120,837, yielding a 6.50% cap rate based on the asking price of $1,859,038.15. The property's price per square foot is $174.72. Built in 2024, this freestanding structure is zoned for commercial use and represents a secure, passive income stream for investors. The average cap rate over the 15-year lease term is projected at 6.83%. This is a turnkey investment with a strong tenant and a favorable lease structure, making it an attractive addition to any portfolio. The property is currently under construction, with an anticipated opening in early May 2025.