Available

Dollar General

Godfrey, IL

Price

$1,202,000

Cap Rate: 6.75%

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Triple Net Dollar General in Affluent St. Louis Suburb

Blue West Capital is pleased to exclusively offer for sale a single tenant Dollar General property located in the St. Louis MSA. The absolute triple net Dollar General lease expires on November 30, 2034.

The Dollar General property is located approximately one hour northeast of Downtown St. Louis. The property is in Hillsboro, the county seat of Montgomery County, IL. There are over 7,500 people living within a three mile radius of the property. The Dollar General is in the immediate proximity to the Hillsboro Area Hospital and Hillsboro High School (500 students) and nearby national retailers include CVS, McDonald’s, O’Reilly Auto Parts, Dairy Queen, Hardees, Ace Hardware, and Casey’s.

This property is available individually or as a package with two similar Dollar Generals in Godfrey, IL and Christopher, IL. Contact broker for details.

Investment Highlights

  • Located within the St. Louis MSA in an affluent area
  • Positioned in the Metro East approximately 30 miles northeast of Downtown St. Louis
  • Over 27,000 people living within a five miles of the property
  • Average annual household incomes exceed $120,000 within one mile
  • Long-term lease with 7 years remaining
  • Absolute triple net lease with no landlord responsibilities
  • Located along West Delmar Avenue (6,500 VPD)
  • Large 2.44 acre parcel
  • 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

Location Highlights

  • Located within the St. Louis MSA in an affluent area
  • Positioned in the Metro East approximately 30 miles northeast of Downtown St. Louis
  • Over 27,000 people living within a five miles of the property
  • Average annual household incomes exceed $120,000 within one mile
  • Located along West Delmar Avenue (6,500 VPD)
  • Large 2.44 acre parcel

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