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1608 Georgetown Rd
Tilton, IL 61833

$872,884 USD

Freestanding For Sale  •  15,825 SF

Property Details

• Property Type Freestanding
• Total Building Size 15,825 SF
• Lot Size 1.53 AC
• Building Class C
• Year Built 1960
• Cap Rate 9.50 %
• Tenancy Multiple

0 Transit Score

46 Walk Score

Highlights

Offered at $872,884, representing a 9.50% capitalization rate

±3 years remaining on the current lease term, with five (5) additional five-year renewal options; includes a significant 18% rent increase

Family Dollar has operated at this location since 2013 and has exercised an option to extend, reflecting long-term operational success and commitment

Lease guaranteed by Family Dollar Corporation (corporate guarantee)

±10,380 SF building situated on a ±1.53-acre parcel with ±53 parking spaces, offering strong customer accessibility; includes a loading dock

Originally constructed in 1979 and fully renovated in 2013 for Family Dollar; the property has been well maintained

Cap Rate:

9.50 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Dunn Wright Furniture
Family Dollar
True Grit Fitness
Verizon

Public Transportation

Airport	Drive	Walk	Distance
University of Illinois/Willard	61 min	-	47.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	125
Type:	Surface
Included in Rent:	Yes