Blue West Capital is pleased to exclusively offer for sale a new construction build-to-suit Dollar General in Pocahontas, Illinois. The property features a 15-year lease with over 13 years remaining. The lease features a 10% rental increase in each renewal option period. Dollar General is an investment grade rated company with a Standard & Poor’s BBB rating.
This Dollar General is located directly off Interstate 70 and forty miles east of St. Louis. Surrounding tenants include Phillips 66, BP, Powhatan Motel & Restaurant, Pocahontas Grade School, and the United States Postal Service. It’s positioned in an affluent area with average annual household incomes in excess of $100,000 within seven miles.