Casey’s | Dixon, IL
Sands Investment Group is Pleased to Exclusively Offer For Sale the 4,200 SF Casey’s NNN Ground Lease Asset Located at 1751 South Galena Avenue in Dixon, IL. This Deal Includes a Brand New 20-Year NNN Ground Lease With Over 19 Years Remaining on the Base Term and a Rare Opportunity to Acquire a Best-in-Class Tenant That Has Historically Owned All Their Own Real Estate, Providing For a Secured Investment.
- Oversized, 3.14 Acre Parcel Located on a Hard Corner Across From a Walmart Supercenter and ALDI
- Rare Opportunity to Acquire a Best-in-Class Tenant That Has Historically Owned All Their Own Real Estate
- Strong Corporate Guarantee From Casey’s General Stores Inc. (NASDAQ: CASY) That Operates Approximately 2,900 Convenience Stores Across the Country
- Brand New 20 Year NNN Ground Lease With Over 19 Years Remaining on the Base Term
- 10% Rent Increases Throughout the Base Term and Renewal Options
- Dixon is a Thriving Community of Approximately 16,000 Residence in Northwest Illinois Located Along the Scenic Rock River in Northwestern, and Serves as the County Seat of Lee County
- Property Sits Next to Other Major Retail Developments With Corporate Tenants Including: Aldi, Pizza Hut, Chipotle, Marriot Hotels, T-Mobile, Jersey Mikes and Starbucks
In Cooperation With Sands Investment Group Illinois, LLC – Lic. #481013714 BoR: Andrew Ackerman – Lic. IL #471021429
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