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PROPERTY/LOT
IMMEDIATE LOCATION
AREA LOCATION
TENANT ATTRIBUTES
INVESTMENT/GUARANTOR
DOM: 346 Updated: 11.19.24 Posted: 11.19.24 Status: Active    

Summary

Price $969,000
Built/Renov 2009
Tenant Dollar General
Cap Rate 7.80%
Lease Type Double NN
Guarantor Corp T and Rated
Size/SF 9,014
Lease Start 04-01-2008
#Units 19,986
Price/SF $107.50
Expiration 03-31-2029
Tenant Type Dollar/Discount
NOI $75,600
R. Term 3.5
Ownership Fee Simple
Rent/SF $8.39
Increases 3.2%/5/yrs
Pop 5Mi 10,018
Lot/AC 1.07
Options 3/5yrs/3.08%
AHHI 5Mi $69,970

Highlights

  • Dollar General has been operating in this location for 15+ years
  • Tenant just exercised five-year extension | 3 (5-year) options remaining with rental increases at each option
  • Two brand-new HVAC units (10-ton compressor) installed August 2024 | $32,000 invested by Seller
  • Corporate guarantee | Investment grade tenant

Location Description

Dollar General is strategically located along Main Street, Staunton, IL's primary thoroughfare, and just 1.5 miles from I-55, which sees 31,500 vehicles per day, providing a direct route into St. Louis, MO. The property is less than one mile from two of Staunton’s top employers, Associated Bank National Association and Community Hospital – Staunton. The 5-mile trade area is supported by 10,018...

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Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

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...


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Demographics

  1 Miles 3 Miles 5 Miles
2030 Total Population : 3,837 5,961 9,516
2025 Total Population : 3,944 6,121 9,758
2025 Employed Civilian Pop : 1,840 2,840 4,583
2025 Total Businesses : 139 207 306
2025 Average Household Income : $ 76,484 $ 80,428 $ 85,858
2025 Total Consumer Spending : $ 115 M $ 187 M $ 323 M
2025 Median Age : 43 44 45
2025 Total Households : 1,682 2,621 4,241
2025 Pop Age 25+: Bachelor's Degree : 547 712 1,056
2025 Average Home Value : $ 148,418 $ 179,130 $ 198,056
*ESRI data is presented for informational purposes only

Traffic

Collection Street Cross Street Year Traffic Vol Distance
E Main St Henrietta St 2012 3,750 0.05 mi
East Main Street 2016 3,400 0.12 mi
E Main St E Olive St 2012 3,750 0.16 mi
E Main St Madison St 2012 3,750 0.20 mi
E Henry St Rte16 Rd 2012 850 0.29 mi
Route 16 Rd E Henry St 2005 500 0.30 mi
Reservoir Rd Bentrup Rd 2012 375 0.30 mi
E Main St Madison St 2012 5,500 0.31 mi
E Henry St Rte16 Rd 2012 750 0.31 mi
Bentrup Rd E Pearl St 2012 1,050 0.32 mi

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