Market Street, Red Bud, IL 62278

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Building Details:

• Year Built: 2022

Market Street is aretail property located in Red Bud, IL. The property currently has 1 retail space for lease and is marketed by .

Red Bud, IL is a city in Randolph County, Illinois located at the intersections of State Route 3 (Market Street), and State Route 159 (Main Street). The subject property is strategically located along Illinois State Route 3, a main thoroughfare in Red Bud with over 9,100 VPD. This road connects directly to the city of Waterloo, located 13 miles northwest of Red Bud. Red Bud Elementary School, High School, and Regional Hospital can also be found along State Route 3. The Red Bud campus of Southwestern Illinois College offers 150 degree and certificate programs to the area. Dollar General has already been serving the Red Bud community for more than 20 years and is showing strong dedication to the area with the addition of this new plus size store. This store will still have a very large service area of 5+ miles to the east and west, and 3 miles to the north. The demographics for this area show nearly 6,000 people within 5 miles, and an average household income of over $63,000. This combines to make a very strong location of Dollar General.

• Available Spaces

Suite	Space Type	Pricing	Size
---	Retail Space	For lease: Negotiable
SVN | Holman Norden is pleased to present a 100% fee simple interest in a Dollar General property located on State Route 3 (Market Street) in Red Bud, IL 62278. The 10,566 SF plus-sized store, set to open in March 2022, is operated on a Fifteen (15) Year Absolute NNN Lease, leaving zero landlord responsibilities. Included with the 15 years remaining on the initial lease term is Five (5) Year Options to Renew, with 10% base rent increases at each. The corporate guaranteed lease provides additional security for this investment. Dollar General is the largest discount retailer in the United States by the number of stores with over 17,100 neighborhood stores in 46 states. Not to mention they are among the largest retailer of top-quality products made by America's most trusted manufacturers such as Procter & Gamble, Kimberly-Clark, Unilever, Kellogg, General Mills, Nabisco, PepsiCo, and Coca-Cola.  « show less SVN | Holman Norden is pleased to present a 100% fee simple interest in a Dollar General property located on State Route 3 (Market Street) in...  show more » View Details SVN | Holman Norden is pleased to present a 100% fee simple interest in a Dollar General property located on State Route 3 (Market Street) in Red Bud, IL 62278. The 10,566 SF plus-sized store, set to open in March 2022, is operated on a Fifteen (15) Year Absolute NNN Lease, leaving zero landlord responsibilities. Included with the 15 years remaining on the initial lease term is Five (5) Year Options to Renew, with 10% base rent increases at each. The corporate guaranteed lease provides additional security for this investment. Dollar General is the largest discount retailer in the United States by the number of stores with over 17,100 neighborhood stores in 46 states. Not to mention they are among the largest retailer of top-quality products made by America's most trusted manufacturers such as Procter & Gamble, Kimberly-Clark, Unilever, Kellogg, General Mills, Nabisco, PepsiCo, and Coca-Cola. Pricing: Negotiable Availability: Now Listing ID: 3220230 Save to list