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Dollar General | St. Louis MSA | Top Performer - Ranked 88th Percentile Placer.ai

726 E Main St, Staunton, IL 62088

Listing Price: $1,000,000

Cap Rate
7.56%
Tenant Name
Dollar General
Years Remaining On Lease
4.6
Guarantor
Corporate Guarantee
Rentable SF
9,014
Lease Type
Double Net
Rent Per Square Feet
$8.39

Investment Overview

Tenant Just Exercised Five-Year Extension | NN Lease with a Corporate Guaranty | Three Five-Year Options with 10% Rental Increases at Each Option

Strong Performer | Store Ranks in the 88th Percentile within a 10-Mile Radius (Placer.ai)

Two Brand-New HVAC Units (10-Ton Compressor) Installed August 2024 | $32,000 Invested by Seller

Frontage on Main Street, Staunton’s Foremost Throughfare | 1.5 Miles from I-55 (31,500 VPD), an Artery into St. Louis, MO

Less than One Mile From Two of Staunton’s Top Five Employers: Associated Bank National Association and Community Hospital - Staunton

Staunton is 30 Miles from Downtown St. Louis, MO | Part of the St. Louis MSA with a Population of 2.8 Million

Investment-Grade Tenant: Dollar General (NYSE: DG) has a BBB Credit Rating From S&P | Dollar General’s 2023 Revenue was $38.69 Billion | Opened Their 20,000th Store in 2024

Investment Highlights

  • Tenant Just Exercised Five-Year Extension | NN Lease with a Corporate Guaranty | Three Five-Year Options with 10% Rental Increases at Each Option
  • Strong Performer | Store Ranks in the 88th Percentile within a 10-Mile Radius (Placer.ai)
  • Staunton is 30 Miles from Downtown St. Louis, MO | Part of the St. Louis MSA with a Population of 2.8 Million

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    Senior Vice President/Regional Manager

    (630) 570-2200

    License(s) IL: 471.011175

    Illinois

Discount

Dollar General | St. Louis MSA | Top Performer - Ranked 88th Percentile Placer.ai

Listing Price: $1,000,000

Cap Rate
7.56%
Tenant Name
Dollar General
Years Remaining On Lease
4.6
Guarantor
Corporate Guarantee
Rentable SF
9,014
Lease Type
Double Net
Rent Per Square Feet
$8.39

Investment Highlights

  • Tenant Just Exercised Five-Year Extension | NN Lease with a Corporate Guaranty | Three Five-Year Options with 10% Rental Increases at Each Option
  • Strong Performer | Store Ranks in the 88th Percentile within a 10-Mile Radius (Placer.ai)
  • Staunton is 30 Miles from Downtown St. Louis, MO | Part of the St. Louis MSA with a Population of 2.8 Million

Investment Overview

Tenant Just Exercised Five-Year Extension | NN Lease with a Corporate Guaranty | Three Five-Year Options with 10% Rental Increases at Each Option Strong Performer | Store Ranks in the 88th Percentile within a 10-Mile Radius (Placer.ai) Two Brand-New HVAC Units (10-Ton Compressor) Installed August 2024 | $32,000 Invested by Seller Frontage on Main Street, Staunton’s Foremost Throughfare | 1.5 Miles from I-55 (31,500 VPD), an Artery into St. Louis, MO Less than One Mile From Two of Staunton’s Top Five Employers: Associated Bank National Association and Community Hospital - Staunton Staunton is 30 Miles from Downtown St. Louis, MO | Part of the St. Louis MSA with a Population of 2.8 Million Investment-Grade Tenant: Dollar General (NYSE: DG) has a BBB Credit Rating From S&P | Dollar General’s 2023 Revenue was $38.69 Billion | Opened Their 20,000th Store in 2024

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    Senior Vice President/Regional Manager

    (630) 570-2200

    License(s): IL: 471.011175

    Illinois

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