Pocahontas, IL
Price: $1,630,000
Cap Rate: 5.25%
Status: AVAILABLE

MainPhoto-DG-Pocahontas
Aerial-DG-Pocahontas
MainPhoto-DG-Pocahontas Aerial-DG-Pocahontas
DOWNLOAD OM

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.​

  • ​Long term lease with over 13 years remaining
  • ​New construction build-to-suit (2020)
  • ​Absolute triple net lease with no landlord responsibilities
  • ​Located directly off Interstate 70
  • ​Affluent area with average annual household incomes in excess of $100,000 within seven miles
  • ​Positioned forty miles east of St. Louis
  • ​Dollar General is an investment grade rated company (S&P: BBB)
  • ​Located next to the Phillips 66, BP, Powhatan Motel & Restaurant, Pocahontas Grade School, and the USPS
  • ​10% rental increases in each renewal option period
  • ​Dollar General is a best-in-class operator that is an e-commerce resistant and recession-proof company

OFFERING SUMMARY

Price: $1,630,000
Cap Rate: 5.25%

Building Size: 9,100 SF
Lot Size:
1.35 Acres

INVESTMENT CONTACT

ZACH WRIGHT 
Director & Partner
Investment Sales
720.966.1628
Zach@BlueWestCapital.com

BRANDON WRIGHT 
Associate
Investment Sales
720.828.7457
Brandon.Wright@BlueWestCapital.com

VIEW ALL LISTINGS
GET IN TOUCH
2022-03-22T09:44:00-07:00
Go to Top