Available

Dollar General

2083 Keokuk Street | Hamilton, IL 62341

Price

$1,223,000

Cap Rate: 6.50%

Lead Broker

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Located in the Keokuk-Fort Madison Micropolitan Area, a tri-state community home to over 62,000 people

Blue West Capital is pleased to exclusively offer for sale a Dollar General located in the Keokuk-Fort Madison MSA, a tri-state community home to over 62,000 people. Dollar General has successfully operated at this location since 2010 and just signed an early lease extension evidencing their commitment to the location and the strength of the store.

Dollar General is a best-in-class operator that is an e-commerce resistant and recession-proof company. Dollar General has an investment grade credit rating (S&P: BBB). Retailers in the immediate area include Casey’s, Dairy Queen, Subway, Harnetiaux Farm & Home Supply, and Carson Ford Dealership. The property is located one mile east of Hamilton High School. There are over 13,500 people living within five miles of the property.

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

Investment Highlights

  • Long-term lease with 8.5 years remaining
  • Proven strong performing store evidenced by Dollar General’s early lease extension
  • Dollar General is committed to this location based upon the early lease extension
  • Limited competition in the immediate area
  • 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 in the Keokuk-Fort Madison Micropolitan Area, a tri-state community home to over 62,000 people
  • Over 13,500 people living within five miles of the property
  • Positioned along Keokuk Street (U.S. Route 136) which is the primary east-west thoroughfare
  • One mile east of Hamilton High School
  • Retailers in the immediate area include Casey’s, Dairy Queen, Subway, Harnetiaux Farm & Home Supply, and Carson Ford Dealership

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