Retail Space For Lease @ Market Street

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. This space offers accomodations for: free standing building.