Property History
Long-term lease with approximately 14 years remaining
5% rental increases every five years
Part of the Clinton, IA micropolitan area with over 46,000 people and major employers including MercyOne (850 employees), Archer Daniels Midland (760 employees), Custom-Pak, Inc (675 employees), Diamond-Drives by Timken (577 employees), Nestle Purina PetCare (575 employees), and 3M (450 employees)
Brand-new construction store that opened in October 2024
Absolute triple net lease with no landlord responsibilities
Dollar General Market property featuring the larger and highly desired 10,600 SF prototype carrying additional grocery items such as fresh produce, refrigerated and frozen food offerings, dairy products, and more
Clinton is home to The Wild Rose Casino & Hotel with 66 rooms and a 19,574 SF casino floor consisting of 600 slot machines, 14 tables, and racebook
Positioned along IL State Route 84, the primary thoroughfare in the area
Average annual household income of $87,000 within seven miles of the property
No competition in the immediate area
Strategically located adjacent to the Federal Correctional Institution, Thomson – a low-security federal prison with over 400 employees and over 2,000 inmates providing stability and economic viability to the immediate area
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
Dollar General is planning to open 450+ stores in 2026 and continues to experience same-store sales growth
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Property Details
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Comparable Properties
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