Dollar General "Plus"

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Dollar General “Plus”

Christopher, IL

Price

$1,145,000

Cap Rate: 6.96%

Triple Net Relocation Dollar General “Plus” outside of St. Louis

Blue West Capital is pleased to exclusively offer for sale a single tenant Dollar General “Plus” property located in Christopher, IL. Dollar General relocated to this property from another previously successful nearby store in 2016. The absolute triple net lease expires on June 30, 2031.

There are over 5,000 people living within three miles of the property. The Dollar General is located approximately 95 miles southeast of St. Louis. The average annual household income exceeds $70,000 within five miles. Nearby national retailers include Circle K, Dairy Queen, Subway, Hucks, and Casey’s.

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

Investment Highlights

Dollar General “Plus” location featuring the larger 10,640 SF prototype
Dollar General relocated to this property from another previously successful location
Long-term lease with approximately 8 years remaining
Absolute triple net lease with no landlord responsibilities
Over 5,000 people living within three miles of the property
Average annual household incomes exceed $70,000 within five miles
Located along West Egyptian Avenue/IL Route 14 (5,900 VPD), the primary east-west thoroughfare in the area
Nearby national retailers include Circle K, Dairy Queen, Subway, Hucks, and Casey’s
Dollar General is an investment grade rated company (S&P: BBB)
Dollar General is a best-in-class operator that is an e-commerce resistant and recession-proof company

1106 West Egyptian Avenue Christopher, Christopher, IL,

Location Highlights

Dollar General relocated to this property from another previously successful location
Over 5,000 people living within three miles of the property
Average annual household incomes exceed $70,000 within five miles
Located along West Egyptian Avenue/IL Route 14 (5,900 VPD), the primary east-west thoroughfare in the area
Nearby national retailers include Circle K, Dairy Queen, Subway, Hucks, and Casey’s