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1003 13th St
Viola, IL 61486

$1,131,000 USD

Freestanding For Sale  •  9,100 SF

Property Details

• Property Type Freestanding
• Total Building Size 9,100 SF
• Lot Size 1.11 AC
• Building Class B
• Year Built 2015
• Cap Rate 7.50 %
• Tenancy Single

20 Walk Score

Highlights

Exclusive market presence with no competing Dollar Store concepts, solidifying Dollar General’s role as the primary everyday needs retailer for Viola

Absolute Triple Net (NNN) Lease with zero landlord responsibilities, providing for a truly passive investment.

Corporate guaranteed lease backed by Dollar General Corporation (NYSE: DG), an investment grade rated tenant (S&P: BBB) with 20,893 locations.

Dollar General has a proven, recession-resistant retail concept that targets core customers in smaller communities.

3, 5-year renewal options with 10% rental increases at each option period, providing long-term tenancy and growing NOI well beyond the primary term.

Cap Rate:

7.50 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Dollar General	9,100 SF	12/31/2030

Public Transportation

Airport	Drive	Walk	Distance
Quad Cities International	35 min	-	20.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	31
Type:	Surface
Included in Rent:	Yes