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Dollar General

111 S Old Rte 66, Mount Olive, IL 62069

Listing Price: $388,000

Cap Rate
10.49%
Tenant Name
Dollar General
Years Remaining On Lease
2.4
Gross SF
10,649
Guarantor
Corporate Guarantee
Rentable SF
10,649
Price/Gross SF
$36.44
Lease Type
Double Net
Rent Per Square Feet
$3.59

Investment Overview

Marcus & Millichap is pleased to present the Dollar General located at 111 S Old Route 66 in Mount Olive, Illinois. Built in 2000, this 10,649-square-foot property sits on a 0.49-acre parcel with excellent visibility and convenient access along historic Route 66. Dollar General has successfully operated at this location for 26 years, demonstrating its long-term commitment to the site.

Dollar General is an investment-grade tenant with a BBB credit rating from S&P Global Ratings. The location also serves as a Dollar General training center, further reinforcing the tenant's commitment. Per Placer.ai, the store generates approximately $2.1 million in annual sales, resulting in a low rent-to-sales ratio of just 1.82 percent.

The property has benefited from recent improvements, including parking lot sealcoating and striping and HVAC servicing in August 2026. With its established operating history, strong store sales, and proximity to the greater St. Louis MSA, this property presents an attractive net-leased investment opportunity.

Investment Highlights

  • Strong Store Sales & Low Rent-to-Sales Ratio – Per Placer.ai, Dollar General Generates Approximately $2.1 Million in Annual Sales, Resulting in a Low Rent-to-Sales Ratio of just 1.82 Percent
  • Dollar General Training Center Location – The Store Serves as a Training Center for Dollar General, Demonstrating the Tenant's Commitment to the Location
  • Recent Capital Improvements – Recent Property Improvements Include Parking Lot Sealcoating and Striping, Along with Servicing of All HVAC Systems in August 2026
  • Investment-Grade Tenant – Dollar General is an Investment-Grade Tenant with a BBB Credit Rating from Standard & Poor's Global Ratings, Providing Investors with Strong Corporate Credit Backing

Exclusively Listed By

  • Jake Nowak

    Associate Investments

    (314) 889-2565

    Email Jake

    License(s): MO: 2025007018, IL: 475.216742

    St. Louis

  • Dave Saverin

    Senior Director Investments

    (314) 889-2555

    Email Dave

    License(s): MO: 2008013520, IL: 475185449, KS: 00249685

    St. Louis

Broker of Record

  • Steven Weinstock

    Senior Managing Director, Market Leader - Chicago

    (630) 570-2250

    License(s) IL: 471.011175

    Illinois

Discount

Dollar General

Listing Price: $388,000

Cap Rate
10.49%
Tenant Name
Dollar General
Years Remaining On Lease
2.4
Gross SF
10,649
Guarantor
Corporate Guarantee
Rentable SF
10,649
Price/Gross SF
$36.44
Lease Type
Double Net
Rent Per Square Feet
$3.59

Investment Highlights

  • Strong Store Sales & Low Rent-to-Sales Ratio – Per Placer.ai, Dollar General Generates Approximately $2.1 Million in Annual Sales, Resulting in a Low Rent-to-Sales Ratio of just 1.82 Percent
  • Dollar General Training Center Location – The Store Serves as a Training Center for Dollar General, Demonstrating the Tenant's Commitment to the Location
  • Recent Capital Improvements – Recent Property Improvements Include Parking Lot Sealcoating and Striping, Along with Servicing of All HVAC Systems in August 2026
  • Investment-Grade Tenant – Dollar General is an Investment-Grade Tenant with a BBB Credit Rating from Standard & Poor's Global Ratings, Providing Investors with Strong Corporate Credit Backing

Investment Overview

Marcus & Millichap is pleased to present the Dollar General located at 111 S Old Route 66 in Mount Olive, Illinois. Built in 2000, this 10,649-square-foot property sits on a 0.49-acre parcel with excellent visibility and convenient access along historic Route 66. Dollar General has successfully operated at this location for 26 years, demonstrating its long-term commitment to the site. Dollar General is an investment-grade tenant with a BBB credit rating from S&P Global Ratings. The location also serves as a Dollar General training center, further reinforcing the tenant's commitment. Per Placer.ai, the store generates approximately $2.1 million in annual sales, resulting in a low rent-to-sales ratio of just 1.82 percent. The property has benefited from recent improvements, including parking lot sealcoating and striping and HVAC servicing in August 2026. With its established operating history, strong store sales, and proximity to the greater St. Louis MSA, this property presents an attractive net-leased investment opportunity.

Exclusively Listed By

  • Jake Nowak

    Associate Investments

    (314) 889-2565

    Email Jake

    License(s): MO: 2025007018, IL: 475.216742

    St. Louis

  • Dave Saverin

    Senior Director Investments

    (314) 889-2555

    Email Dave

    License(s): MO: 2008013520, IL: 475185449, KS: 00249685

    St. Louis

Broker of Record

  • Steven Weinstock

    Senior Managing Director, Market Leader - Chicago

    (630) 570-2250

    License(s): IL: 471.011175

    Illinois

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