Listed by The Boulder Group - Denver, The Boulder Group
$1,722,000
Dollar General
Details
Property Type Retail
Sub Type Convenience Store, Grocery Store
Square Footage 9,100
Net Rentable (SqFt) 9,100
Cap Rate 6.7%
NOI $115,400
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 03/31/2041
Remaining Term 15
Rent Bumps Yes
Lease Options Three 5-Year
Price per SqFt $189
Broker Co-Op Yes
Year Built 2026
Acreage 1.000
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 03/23/2026
Ground Lease No
Dollar General | Quad Cities MSA | Opening Soon | 15-Yrs w/ Increases | Interstate 80 | 2026 Build
Investment highlights
- Located in the Quad Cities MSA and 25 minutes to the Quad Cities International Airport
- Rare low price point for a brand-new Dollar General (compared to most for $2M-$2.6M)
- Brand-new construction store that just opened and rent commenced in March 2026
- 5% rental increases every five years throughout primary term and renewal options
- Long-term lease with 15 years remaining
- Affluent area with average annual household income of $97,000 within seven miles
- Strategically located along Interstate 80 and on U.S. Route 6
- Minimal competition in immediate area
- Absolute triple net lease with no landlord responsibilities
- 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
Listing Contacts
Listed by The Boulder Group - Denver, The Boulder Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$115,400.00
$9,616.67/mo
Valuation Metrics
0
DSCR
6.7%
Cap Rate
6.7%
ROI
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