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
4.8
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
Dollar General
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
Financing By
Listing Price: $450,353
Cap Rate
8.50%
Tenant Name
Dollar General
Years Remaining On Lease
4.8
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
Financing By
