305 Lincoln Hwy, Franklin Grove, IL 61031

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Dollar General Market property located in Franklin Grove, Illinois. Following the completion of construction, the long-term 15-year lease commenced in March 2026. The lease features 5% rental escalations throughout the primary term and five 5-year renewal options. The lease is absolute triple net presenting no landlord responsibilities. DG Market locations feature a larger and more desirable store footprint and offer a selection of groceries and perishable items. Dollar General is an investment grade tenant, holding a BBB rating from Standard & Poor’s.

The 10,640 square-foot building is located in Franklin Grove, approximately 100 miles west of Chicago. The property is situated along Lincoln Highway, halfway between Dixon and Rochelle. The asset benefits from limited competition, as it is the only dollar store within a 10-mile radius. The surrounding area supports a population of more than 21,000 residents within a 10-mile radius, with average household incomes exceeding $100,000 within seven miles. Located approximately one mile northwest, Franklin Creek State Natural Area encompasses 882 acres of hiking and equestrian trails, attracting visitors year-round.

Dollar General is an American discount retailer headquartered in Goodlettsville, Tennessee, founded in 1939. The company has grown into one of the largest small-box retailers in the United States, offering a broad assortment of consumables, seasonal items, home products, apparel, and basic household goods at low price points, with a strategy focused on convenience and value in rural, suburban, and underserved urban markets. Dollar General operates more than 20,000 stores nationwide across multiple formats, including DG Market and pOpshelf, and emphasizes new store development, private-label brands, and supply chain investments to drive efficiency and growth. Publicly traded on the New York Stock Exchange (NYSE: DG), the company ranks among the nation’s largest retailers by revenue and store count, serving millions of customers each week.