Germantown, IL
Price: $1,211,000
Cap Rate: 6.50%
Status: AVAILABLE

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Blue West Capital is pleased to exclusively offer for sale a single tenant net leased Dollar General property located in St. Louis MSA.  Dollar General is committed to this location evidenced by a recent early lease extension.  Dollar General is a best-in-class retailer and an investment-grade-rated company (S&P: BBB).

The Dollar General property is located in Germantown, Illinois, approximately 35 miles east of downtown St. Louis.  The property sits in an affluent area with average annual household incomes of $98,000 within five miles.  The Dollar General is strategically positioned twenty miles east of Scott Air Force Base.

This property can be purchased individually or with another similar Dollar General located in Illinois. Contact broker for details.

  • Located within the St. Louis MSA approximately 35 miles east of downtown
  • Affluent area with average annual household incomes of $98,000 within five miles
  • Proven and successful operating history at this property
  • Dollar General is committed to this location evidenced by a recent early lease extension
  • Strategically located twenty miles east of Scott Air Force Base, employing 13,000 people, 5,100 civilians with 5,500 active-duty Air Force, and an additional 2,400 Air National Guard and Reserve personnel 
  • 7+ years remaining on the lease
  • Positioned at a hard corner along IL Route 161
  • Dollar General is an investment graded rated company (S&P: BBB) 
  • Dollar General is a best-in-class operator that is an e-commerce resistant and recession-proof company
  • Rental increases in each renewal option period
  • Low rent of $8.73/SF

OFFERING SUMMARY

Price: $1,211,000
Cap Rate: 6.50%

Building Size: 9,014 SF
Land Size:
1.03 AC

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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2022-08-11T10:34:29-07:00
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