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Dollar General

116 S Spalding St, Spring Valley, IL 61362

Listing Price: $1,616,000

Cap Rate
7.50%
Tenant Name
Dollar General
Years Remaining On Lease
5.5
Guarantor
Corporate Guarantee
Rentable SF
9,014
Lease Type
Double Net
Rent Per Square Feet
$13.44

Investment Overview

Marcus & Millichap is pleased to present this Dollar General portfolio. This portfolio consists of nine stores in six states. Seven of the locations are on double net leases and two are triple net. The portfolio has an average term remaining of 5 years and an average annual rent/sf of $9.21. Notably, the Louisiana store was recently converted to a Dollar General Market and this location is scheduled for remodel.

Investment Highlights

  • Built to Suit in 2010 and Store Remodel Planned for 2025
  • Double Net Lease with Corporate Guarantee
  • Part of a Nine Location Dollar General Portfolio and Not Available for Sale Individually

Exclusively Listed By

  • Jeff R. Rowlett

    Senior Managing Director Investments

    (262) 364-1924

    Email Jeff

    License(s): WI: 74743-94, IL: 471.016866

    Milwaukee

Broker of Record

  • Steven D. Weinstock

    Senior Vice President/Regional Manager

    (630) 570-2200

    License(s) IL: 471.011175

    Illinois

Financing By

Listing Price: $1,616,000

Cap Rate
7.50%
Tenant Name
Dollar General
Years Remaining On Lease
5.5
Guarantor
Corporate Guarantee
Rentable SF
9,014
Lease Type
Double Net
Rent Per Square Feet
$13.44

Investment Highlights

  • Built to Suit in 2010 and Store Remodel Planned for 2025
  • Double Net Lease with Corporate Guarantee
  • Part of a Nine Location Dollar General Portfolio and Not Available for Sale Individually

Investment Overview

Marcus & Millichap is pleased to present this Dollar General portfolio. This portfolio consists of nine stores in six states. Seven of the locations are on double net leases and two are triple net. The portfolio has an average term remaining of 5 years and an average annual rent/sf of $9.21. Notably, the Louisiana store was recently converted to a Dollar General Market and this location is scheduled for remodel.

Exclusively Listed By

  • Jeff R. Rowlett

    Senior Managing Director Investments

    (262) 364-1924

    Email Jeff

    License(s): WI: 74743-94, IL: 471.016866

    Milwaukee

Broker of Record

  • Steven D. Weinstock

    Senior Vice President/Regional Manager

    (630) 570-2200

    License(s): IL: 471.011175

    Illinois

Financing By

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