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Dollar General

111 S Old Rte 66, Mount Olive, IL 62069

Listing Price: $465,000

Cap Rate
8.22%
Tenant Name
Dollar General
Years Remaining On Lease
3.3
Gross SF
10,649
Guarantor
Corporate Guarantee
Rentable SF
10,649
Price/Gross SF
$43.67
Lease Type
Double Net
Rent Per Square Feet
$5.15

Investment Overview

Marcus & Millichap is pleased to present the Dollar General located at 111 S Old Route 66 in Mount Olive, Illinois.

Located in Macoupin County, Mount Olive sits along the historic Route 66 corridor in Southern Illinois, providing a unique blend of small-town stability and regional accessibility. The community is supported by steady local demand, with Dollar General serving as a primary destination for daily household essentials.

Built in 2000, this single-tenant property has been operating successfully at this location for over 25 years, reflecting the tenant’s long-term commitment and consistent performance. The ±10,649 square foot building is situated on a ±0.49-acre parcel with direct frontage along Old Route 66, one of the community’s primary thoroughfares. The site provides excellent visibility and convenient access for area residents and travelers alike.

The property also benefits from its position within driving distance of the greater St. Louis MSA, offering access to a larger economic base while maintaining the advantages of a smaller, close-knit market. Surrounding retailers and service providers contribute to a complementary retail environment, further enhancing the property’s long-term investment appeal.

Investment Highlights

  • Dollar General Has Successfully Operated at This Location for 25 Years Since Opening in 2000
  • Double Net Lease With Limited Landlord Responsibilities and Favorable Reimbursements to the Landlord
  • Investment-Grade Tenant Rated 'BBB
  • Dollar General Is the Nation's Largest Retailer by Store Count, Operating Over 20,000 Locations in the U.S.

Exclusively Listed By

  • Jake Nowak

    Associate Investments

    (314) 889-2565

    Email Jake

    License(s): MO: 2025007018, IL: 475.216742

    St. Louis

  • Dave Saverin

    Senior Director Investments

    (314) 889-2555

    Email Dave

    License(s): MO: 2008013520, IL: 475185449, KS: 00249685, NE: 20250162

    St. Louis

Broker of Record

  • Steven D. Weinstock

    Senior Vice President/Regional Manager

    (630) 570-2200

    License(s) IL: 471.011175

    Illinois

Discount

Dollar General

Listing Price: $465,000

Cap Rate
8.22%
Tenant Name
Dollar General
Years Remaining On Lease
3.3
Gross SF
10,649
Guarantor
Corporate Guarantee
Rentable SF
10,649
Price/Gross SF
$43.67
Lease Type
Double Net
Rent Per Square Feet
$5.15

Investment Highlights

  • Dollar General Has Successfully Operated at This Location for 25 Years Since Opening in 2000
  • Double Net Lease With Limited Landlord Responsibilities and Favorable Reimbursements to the Landlord
  • Investment-Grade Tenant Rated 'BBB
  • Dollar General Is the Nation's Largest Retailer by Store Count, Operating Over 20,000 Locations in the U.S.

Investment Overview

Marcus & Millichap is pleased to present the Dollar General located at 111 S Old Route 66 in Mount Olive, Illinois. Located in Macoupin County, Mount Olive sits along the historic Route 66 corridor in Southern Illinois, providing a unique blend of small-town stability and regional accessibility. The community is supported by steady local demand, with Dollar General serving as a primary destination for daily household essentials. Built in 2000, this single-tenant property has been operating successfully at this location for over 25 years, reflecting the tenant’s long-term commitment and consistent performance. The ±10,649 square foot building is situated on a ±0.49-acre parcel with direct frontage along Old Route 66, one of the community’s primary thoroughfares. The site provides excellent visibility and convenient access for area residents and travelers alike. The property also benefits from its position within driving distance of the greater St. Louis MSA, offering access to a larger economic base while maintaining the advantages of a smaller, close-knit market. Surrounding retailers and service providers contribute to a complementary retail environment, further enhancing the property’s long-term investment appeal.

Exclusively Listed By

  • Jake Nowak

    Associate Investments

    (314) 889-2565

    Email Jake

    License(s): MO: 2025007018, IL: 475.216742

    St. Louis

  • Dave Saverin

    Senior Director Investments

    (314) 889-2555

    Email Dave

    License(s): MO: 2008013520, IL: 475185449, KS: 00249685, NE: 20250162

    St. Louis

Broker of Record

  • Steven D. Weinstock

    Senior Vice President/Regional Manager

    (630) 570-2200

    License(s): IL: 471.011175

    Illinois

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