Danville, IL
Price: $1,575,000
Cap Rate: 5.20%
Status: AVAILABLE

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Blue West Capital is pleased to exclusively offer for sale a new construction build-to-suit Dollar General in  Danville, Illinois.​ The property features a 15-year lease with approximately 14 years remaining.​ Dollar General relocated to this property from a nearby inline store.​ Dollar General is an investment grade rated company with a Standard & Poor’s BBB rating.​

This Dollar General benefits from a proven and established customer base with minimal nearby competition.​  The surrounding market boasts of a population of over 41,000 people living within five miles.​  It’s located in close proximity to an AutoZone distribution center and many other large industrial properties.​

The property is positioned just north of the heavily trafficked signalized intersection with over 20,000 vehicles per day.​  Retails in the immediate vicinity include Casey’s, Circle K, Citgo, First Midwest Bank, and Ela’s Eatery.​

  • ​Long term lease with approximately 14 years remaining
  • ​Dollar General relocated to this property from a nearby inline location
  • ​This Dollar General benefits from a proven and established customer base with minimal nearby competition
  • ​Large market with over 41,000 people living within five miles of the property
  • ​Brand-new construction build-to-suit (2020)
  • ​Absolute triple net lease with no landlord responsibilities
  • ​Situated at a signalized intersection
  • ​Dollar General is an investment grade rated company (S&P: BBB)
  • ​Positioned just north of the heavily trafficked signalized intersection of North Bowman Avenue and East Voorhees Street (20K VPD)
  • ​Retailers in the immediate vicinity include Casey’s, Circle K, Citgo, First Midwest Bank
  • ​Danville is located just north of Interstate 74
  • ​Property is located in close proximity to an AutoZone distribution center and many other large industrial properties
  • ​Danville is the county seat of Vermilion County
  • ​Dollar General is a best-in-class operator that is an e-commerce resistant and recession-proof company

OFFERING SUMMARY

Price: $1,575,000
Cap Rate: 5.20%

Building Size: 9,100 SF
Lot Size:
1.46 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

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2022-01-26T10:21:26-07:00
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