West Frankfort, IL
Price: $809,000
Cap Rate: 7.75%
Dollar General
905 Factory Outlet Drive | West Frankfort, IL 62896
Blue West Capital is pleased to offer for sale a Dollar General property located in West Frankfort, IL. This proven successful Dollar General location offers extremely low rent ($6.96/sf) and rental increases in the renewal options periods. Positioned just west of Interstate 57, this location is located within a retail trade area that includes Kroger, McDonalds, CVS, Taco Bell, Dollar Tree, Circle K and many other national and local retailers.
- Investment grade rated tenant (S&P: BBB)
- Over 10,000 people living within three miles
- Immediate proximity to several car dealerships (Chevrolet, GMC, Chrysler, & Dodge)
- West Frankfort is 1.5 hours east of St. Louis
- Dollar General is an e-commerce resistant and recession proof company
OFFERING SUMMARY
Price: $809,000
Cap Rate: 7.75%
Leasable SF: 9,014 SF
Year Built: 2007
INVESTMENT CONTACT
ZACH WRIGHT – LEAD
Director
Net Lease Investment Sales
720.966.1628
Zach@BlueWestCapital.com
TOM ETHINGTON
Managing Partner
Investment Sales
720.966.1624
Tom@BlueWestCapital.com
BRANDON GAYESKI
Associate
Investment Sales
720.966.1627
Brandon@BlueWestCapital.com
SHAWN DICKMANN
Analyst
Investment Sales
720.828.8310
Shawn@BlueWestCapital.com
ROBERT EDWARDS
Managing Partner
Investment Sales
720.966.1630
Robert@BlueWestCapital.com
CARLY KELLY
Director
Investment Sales
720.828.6290
Carly@BlueWestCapital.com
BRANDON WRIGHT
Analyst
Investment Sales
720.828.7457
Brandon.Wright@BlueWestCapital.com
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