Discount
Dollar General | St. Louis MSA | Top Performer - Ranked 88th Percentile Placer.ai
726 E Main St, Staunton, IL 62088
Listing Price: $1,000,000
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
Discount
Dollar General | St. Louis MSA | Top Performer - Ranked 88th Percentile Placer.ai
Listing Price: $1,000,000
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