Available

Dollar General

1549 Lake Park Drive | Germantown, IL 62245

Price

$1,141,000

Cap Rate: 6.90%

Lead Broker

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Proven successful location with a recent early lease extension

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.

Investment Highlights

  • Proven and successful operating history at this property
  • Dollar General is committed to this location evidenced by a recent early lease extension
  • 7+ years remaining on the lease
  • 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

Location Highlights

  • 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
  • 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
  • Positioned at a hard corner along IL Route 161

We are ready to assist you.

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Contact Information

400 S. Colorado Blvd | Suite 590
Denver, CO 80246

info@BlueWestCapital.com

720-989-1031