Sold

Dollar General

Hillsboro, IL

Price

$1,215,000

Cap Rate: 6.93%

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Triple Net Dollar General in St. Louis MSA with 11+ Years Remaining

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 in Hillsboro, the county seat of Montgomery County
  • St. Louis MSA approximately one hour northeast of St. Louis
  • Long-term lease with 11+ years remaining
  • Absolute triple net lease with no landlord responsibilities
  • Over 7,500 people living within a three mile radius of the property
  • Immediate proximity to the Hillsboro Area Hospital and Hillsboro High School (500 students)
  • Nearby national retailers include CVS, McDonald’s, O’Reilly Auto Parts, Dairy Queen, Hardees, Ace Hardware, 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

Location Highlights

  • Located in Hillsboro, the county seat of Montgomery County
  • St. Louis MSA approximately one hour northeast of St. Louis
  • Over 7,500 people living within a three mile radius of the property
  • Immediate proximity to the Hillsboro Area Hospital and Hillsboro High School (500 students)
  • Nearby national retailers include CVS, McDonald’s, O’Reilly Auto Parts, Dairy Queen, Hardees, Ace Hardware, and Casey’s

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Contact Information

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

info@BlueWestCapital.com

720-989-1031