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26668051
26668050

116 S Spalding Street, Spring Valley, IL 61362

SW
IL IL 471011175
Marcus & Millichap - Chicago Oak Brook
JR
WI 74743
Marcus & Millichap - Milwaukee
Listed by Marcus & Millichap - Chicago Oak Brook, Marcus & Millichap - Milwaukee
$1,616,000
281 days on market
Updated 2 days ago

Dollar General | Recent Extension and Remodel

Details
Property Type Retail
Sub Type Convenience Store, Storefront
Square Footage 9,014
Net Rentable (SqFt) 9,014
Cap Rate 7.5%
NOI $121,184
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type NN
Lease Term 20.1
Lease Expiration 11/30/2030
Remaining Term 4.5
Lease Options Two 5-Year
Price per SqFt $179
Broker Co-Op Yes
Year Renovated 2025
Acreage 0.960
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 11/06/2010
Ground Lease No

2025 Remodel

Investment highlights

  • Built to Suit in 2010 and Recent Remodel in 2025

  • Double Net Lease with Corporate Guarantee

  • Parking Lot was Repaired & Sealcoated in May 2026

  • Across from Spring Valley Supermarket

  • Over 21,906 Residents within Five Miles with Average Household Income of $75,756

  • Part of a Seven Location Dollar General Portfolio and Available for Sale Individually

Listing Contacts

SW
IL IL 471011175
Marcus & Millichap - Chicago Oak Brook
JR
WI 74743
Marcus & Millichap - Milwaukee
Listed by Marcus & Millichap - Chicago Oak Brook, Marcus & Millichap - Milwaukee

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$121,184.00
$10,098.67/mo

Valuation Metrics

0
DSCR
7.5%
Cap Rate
7.5%
ROI

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Additional Information

Name
Steven Weinstock
License
IL 471.011175
Title
Broker of Record
Name
Steven Weinstock
License
IL 471011175
Brokerage
Marcus & Millichap
Title
Managing Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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