Close of Escrow: Rally’s in Granite City, IL

Close of Escrow: Rally’s in Granite City, IL

SIG is pleased to announce the recent Close of Escrow on Rally’s located in Granite City, Illinois.

Investment Highlights Include:

  • Corporate Guaranteed Long Term Absolute Triple Net (NNN) Lease
  • 6% Rent-to-Sales Ratio
  • Rally’s Just Signed an Early 10-Year Extension Showing Strong Commitment to Site
  • Rally’s Has Successfully Operated at This Location Since 1988 and Consistently Generates Store Sales in Excess of $1,000,000 Per Year
  • 4% Rent Increases Every 5 Years
  • Two (2), Five (5) Year Options to Extend with 10% Increases at Each Option
  • One Mile From Granite City High School with Over 2,200 Students and Staff
  • Ten Miles From the Heart of St. Louis with a Population of Over 2.6 Million
  • Surrounded By National Tenants Such As Taco Bell, McDonald’s, Jack In The Box, Domino’s Pizza, Walgreens, NAPA Auto Parts and Many More
  • Sits Next to St. Louis Heart and Vascular Hospital and Granite City Works, a Large Steel Manufacturing Plant

In Cooperation with JDS Real Estate Services, Inc. – Jennifer D. Stein Lic. #471.018303

Closing Price: $1,070,000
Closing CAP:  6.05%

Listing Agent: Will Schuhmacher

For More Information Contact:

Will Schuhmacher
Lic #629275
512.277.5924
will@SIGnnn.com

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