Dollar General

21 South Washington Street, Du Quoin, IL 62832

$593,333

Cap Rate 9.00%

Views: 104 DOM: 59 Updated: 07.19.24 Posted: 07.19.24 Status: Active

Summary

Price $593,333	Built/Renov 1973	Tenant Dollar General
Cap Rate 9.00%	Lease Type Double NN	Guarantor Corp T and Rated
Size/SF 7,040	Lease Start 05-01-2018	#Units 19,986
Price/SF $84.28	Expiration 05-31-2025	Tenant Type Dollar/Discount
NOI $53,400	R. Term 0.8	Ownership Fee Simple
Rent/SF $7.59	Increases 0.0%/0/yrs	Pop 5Mi 9,351
Lot/AC 0.66	Options 0/0yrs	AHHI 5Mi $63,691

Doug Passon

Fortis Net Lease

Contact

Lease Highlights

Dollar General has less than 1 year remaining on the current lease term with no options remaining
New roof in 2018 | 15-year warranty
Corporate guarantee | Investment grade tenant

Location Description

Dollar General is strategically located on 21 S Washington Street, with access to 5,200 vehicles passing by daily. The property is ranked within the top 15% of all Dollar Generals via Placer.ai. The immediate area boasts well-known national tenants, including O'Reilly Auto Parts, AutoZone, NAPA Auto Parts, Hardee's, McDonald's, and more. The 5-mile trade area supports a population of 9,351...

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Key Features

New roof
Roof guarantee
Dense retail corridor
Near major nationals
Strategically located
Strong tenant synergy
Top performing store
Traded and rated company
Corporate Guarantee
Investment grade tenant

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Links

Dollar General Wikipedia Dollar General Wikipedia Du Quion, Illinois Zip Code 62832 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: Dollar General
Guarantor:Corp T and Rated
Company:Dollar General Corporation
# Units:19,986
Tenant S&P: BBB
Moody’s: Baa2
Stock: NYSE: DG

About Tenant

Dollar General Corporation (NYSE: DG) is an American chain of variety stores. The stores deliver everyday low prices on items including food, snacks, health, and beauty aids, cleaning supplies,...

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Demographics

	1 Miles	3 Miles	5 Miles
2028 Total Population :	5,093	6,884	8,811
2023 Total Population :	5,206	7,034	8,995
2023 Employed Civilian Pop :	1,929	2,719	3,594
2023 Total Businesses :	208	267	287
2023 Average Household Income :	$ 64,284	$ 69,570	$ 71,151
2023 Total Consumer Spending :	$ 124 M	$ 181 M	$ 237 M
2023 Median Age :	41	42	43
2023 Total Households :	2,169	2,933	3,765
2023 Pop Age 25+: Bachelor's Degree :	324	516	686
2023 Average Home Value :	$ 99,850	$ 114,358	$ 122,720

*ESRI data is presented for informational purposes only

Traffic

Collection Street	Cross Street	Year	Traffic Vol	Distance
E Poplar St	S Mulberry St	2005	6,100	0.02 mi
E Poplar St	S Washington St	2005	6,100	0.03 mi
S Mulberry St	E Poplar St	2004	500	0.03 mi
S Washington St	E Main St	2004	9,200	0.07 mi
S Division St	S Elm St	2004	800	0.08 mi
E Main St	N Mulberry St	2004	5,600	0.09 mi
N Mulberry St	E Main St	2004	650	0.12 mi
S Oak St	E Poplar St	2005	6,100	0.12 mi
N Washington	E PkSt	2004	5,800	0.13 mi
S Elm St	S Division St	2004	1,100	0.14 mi

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