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346 Illinois Route 29
Pana, IL 62557

$1,228,500 USD

General Retail For Sale  •  9,100 SF

Property Details

• Property Type General Retail
• Total Building Size 9,100 SF
• Lot Size 1.2 AC
• Year Built 2021
• Cap Rate 7.00 %
• Tenancy Single

0 Transit Score

14 Walk Score

Highlights

Extremely low rent and price for a recently constructed Dollar General (compared to many for $2M+)

Long-term lease with over 10 years remaining

Absolute triple net lease with no landlord responsibilities

Positioned at a hard corner along Illinois Route 29, a major thoroughfare in Pana

Strong retail trade area featuring AutoZone, Walgreens, McDonald’s, Save A Lot, County Market, Casey’s, Dairy Queen, Subway, and many others

Recently constructed building (2021)

Cap Rate:

7.00 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Dollar General