Rosiclare, IL
Price: $1,572,000
Cap Rate: 5.50%
Status: UNDER CONTRACT
Dollar General Plus
1508 Main Street | Rosiclare, IL 62982
Blue West Capital is pleased to exclusively offer for sale a brand-new construction Dollar General Plus with a with 14.5 years remaining. The recently constructed property is a relocation site from a previously successful Dollar General location. The property benefits from an established customer based and its close proximity to the Shawnee National Forest, which attracts visitors to hunt, fish, hike, and camp.
This recently constructed property is an absolute triple net lease with zero landlord responsibilities. Dollar General is a best-in-class operator that is an e-commerce resistant and recession-proof company.
- Rare Dollar General Plus location
- Investment grade rated tenant (S&P: BBB)
- No competition in the immediate area
- 10% rental increases in each renewal option period
OFFERING SUMMARY
Price: $1,572,000
Cap Rate: 5.50%
Building Size: 10,566 SF
Lot Size: 1.72 Acres
INVESTMENT CONTACT
ZACH WRIGHT
Director
Net Lease Investment Sales
720.966.1628
Zach@BlueWestCapital.com
BRANDON WRIGHT
Analyst
Investment Sales
720.828.7457
Brandon.Wright@BlueWestCapital.com