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    Germantown, IL Storefront Properties for Sale

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    Freestanding Dollar General Investment Property
    Contact for pricing
    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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    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.
    Updated: Dec 11, 2024
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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

    Explore Opportunities in Nearby Cities

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    Centralia Commercial Property For Sale
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    Commercial property with great visibility and drive-thru potential.

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    Belleville Commercial Building with Equipment
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    Turnkey commercial building with equipment in high-traffic Belleville location.

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    Centralia Commercial Property on Broadway
    $45,000
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    Centralia Commercial Property on Broadway

    Commercial property in Centralia's downtown district with strong potential.

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    Belleville Commercial Building For Sale
    $275,000
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    Belleville Commercial Building For Sale

    Downtown Belleville, high-traffic corner lot.

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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.

    Sale 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 stay ahead with the latest data and market trends.

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