Presenting the opportunity to acquire a Dollar General Redevelopment triple-net (NNN) investment positioned in a strong, transit-oriented location in the Chicago suburb of Calumet City. 626 River Oaks Drive contains 12,855 square-feet and is situated on approximately 0.66 acres. Near IL/IN state line at the northwest corner of River Oaks Road and Burnham Avenue, the property benefits greatly from its position next to McDonald’s and Dunkin’, and a few blocks from River Oaks Mall. The brick construction building has been remarkably-maintained and offers its visitors 38 total parking spots in accessible front and side lots. Multiple entrances on River Oaks Drive and access from Burnham Avenue aid traffic flow and allow the business to operate smoothly. Currently in year three of a ten-year corporate lease, Dollar General has shown stability and continued success at the location. This asset is being offered at a 7.25% CAP rate with tremendous cash flow and continued growth.
626 River Oaks Drive Calumet City, IL 60409
Price Reduced
For Sale
626 River Oaks Drive
Calumet City, IL 60409
Price: $1,310,000
Type:
Commercial Sale
Retail
Agent:
Dominick Cannata
Agent Email: dc@brooklinellc.com
Broker:
Brookline Real Estate LLC
Broker Phone: 630-590-5910
Broker Email: denis.re@sbcglobal.net


