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Germantown, IL Storefront Properties for Sale

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Germantown Dollar General NNN
$1,149,000
9,014 SF

Germantown Dollar General NNN

1549 Lake Park Dr, Germantown, IL 62245

High-yield Dollar General investment. Strong tenant, long lease.

  • Fee simple ownership of a 9,014 SF Dollar General store on a 1.43‑acre lot in Germantown, IL.
  • 15‑year NNN lease with Dollar General (Dolgencorp, LLC) expiring November 2029, including rent increases every five years.
  • High visibility location on Lake Park Dr. with 5,900 average daily traffic count, situated near other established businesses.
  • Strong demographics: 5‑mile trade area with over 10,500 residents, 4,600 daytime employees, and $98,071 average household income.
  • Asking price: $1,149,000, representing a 6.85% cap rate and $78,726 current NOI; $127.47 price per square foot.
Last Update: Dec 11, 2024
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Freestanding Dollar General Investment Property
$1,149,000
9,014 SF

Freestanding Dollar General Investment Property

1549 Lake Park Dr, Germantown, IL 62245

NNN leased Dollar General with corporate guarantee through November 2029.

  • Corporate guaranteed lease by Dolgencorp, LLC.
  • NNN lease structure with limited landlord responsibilities.
  • Lease recently extended through November 2029.
  • Scheduled rental increases at the beginning of each option period.
  • Freestanding building ownership.
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Germantown, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

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Centralia Commercial Property For Sale
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Centralia Commercial Property on Broadway
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Centralia Commercial Property on Broadway

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Germantown, IL Storefront Properties Investment Opportunities Market Analysis

Explore 2 storefront properties for sale in Germantown, IL on our real estate platform. These investment opportunities span a total of 62,291 square feet of properties for sale, with an estimated market value of $1,149,000.

Prices for retail units in Germantown, IL start at $1,149,000, averaging $1,149,000, and reaching up to $1,149,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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