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Discount

Dollar General

111 S Old Rte 66, Mount Olive, IL 62069

Listing Price: $450,353

Cap Rate
8.50%
Tenant Name
Dollar General
Years Remaining On Lease
4.9
Guarantor
Corporate Guarantee
Rentable SF
10,649
Lease Type
Double Net
Rent Per Square Feet
$3.59

Investment Overview

Above Market Yield Bite Size Dollar General with over 24 Years of Occupational History with Recent Five-Year Extension

Investment Highlights

  • Dollar General Continues to Demonstrate Commitment to the Location with Recent Five-Year Extension and 24 Years of Occupational History.
  • Bite Size Net Leased Investment with Attractive, Above-Market Yield.
  • Directly Adjacent to Mount Olive High School.
  • Mount Olive is part of the Metro East Region Within the St. Louis Metropolitan Area.
  • Investment Grade Tenant | Standard & Poor's "BBB" Rating | Founded in 1939.
  • Dollar General is the Nation's Largest Discount Retailer with Over 19,000 Locations in 47 States.
  • Replaced AC and Furnace Unit in 2022.
  • Parking Lot Sealing and Striping in 2022.

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    Senior Vice President/Regional Manager

    (630) 570-2200

    License(s) IL: 471.011175

    Illinois

Financing By

Discount

Dollar General

Listing Price: $450,353

Cap Rate
8.50%
Tenant Name
Dollar General
Years Remaining On Lease
4.9
Guarantor
Corporate Guarantee
Rentable SF
10,649
Lease Type
Double Net
Rent Per Square Feet
$3.59

Investment Highlights

  • Dollar General Continues to Demonstrate Commitment to the Location with Recent Five-Year Extension and 24 Years of Occupational History.
  • Bite Size Net Leased Investment with Attractive, Above-Market Yield.
  • Directly Adjacent to Mount Olive High School.
  • Mount Olive is part of the Metro East Region Within the St. Louis Metropolitan Area.
  • Investment Grade Tenant | Standard & Poor's "BBB" Rating | Founded in 1939.
  • Dollar General is the Nation's Largest Discount Retailer with Over 19,000 Locations in 47 States.
  • Replaced AC and Furnace Unit in 2022.
  • Parking Lot Sealing and Striping in 2022.

Investment Overview

Above Market Yield Bite Size Dollar General with over 24 Years of Occupational History with Recent Five-Year Extension

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    Senior Vice President/Regional Manager

    (630) 570-2200

    License(s): IL: 471.011175

    Illinois

Financing By

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