626 River Oaks Drive, Calumet City, IL

$1,310,000

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About 626 River Oaks Drive

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.

Features of 626 River Oaks Drive

MLS® # 12304779
Price $1,310,000
Bathrooms 0.00
Acres 0.00
Year Built 1998
Type Commercial Sale
Sub-Type Retail/Stores
Status Active

Community Information

Address 626 River Oaks Drive
Area Calumet City
City Calumet City
County Cook
State IL
Zip Code 60409

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
Has Basement No

Additional Information

Days on Market 222
Zoning COMMR
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeBrookline Real Estate LLC
Contact Infodenis.re@sbcglobal.net

Listing Map

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