Dollar General | 22+ Year Operating Location
Retail | 7.50% CAP | 8,125 SqFt
Marketing description
This Dollar General property at 505 S Commercial Dr in Abingdon, Illinois represents a compelling net lease investment opportunity featuring a corporate-backed tenant with over 22 years of operating history at this location. The property benefits from a recent lease extension, demonstrating strong tenant commitment and reducing near-term rollover risk for investors.
The lease is backed by Dollar General's corporate guarantee, providing investors with a nationally recognized credit tenant operating 19,000+ locations across the U.S. The discount retail model is proven to perform through all economic cycles, positioning the tenant as a necessity-based provider in underserved small-town markets. The Double Net (NN) lease structure provides passive income with minimal landlord obligations, enhancing ease of ownership.
The property features built-in rental increases that provide an inflation hedge and support long-term NOI growth. Located in a supply-constrained retail environment with 3,000 cars per day traffic on S Commercial Dr, the property benefits from proximity to a high-performing Casey's location (top 17% in state) and serves a stable community with limited competition.
Investment highlights
- Lease is backed by Dollar General's corporate guarantee, providing investors with a nationally recognized credit tenant operating 19,000+ locations across the U.S.
- Discount retail model is proven to perform through all economic cycles, positioning the tenant as a necessity-based provider in underserved small-town markets
- Strong historical sales growth and continued store expansion signal long-term tenant stability and commitment to the brand
- Subject property has operated successfully for 22+ years, highlighting long-term viability and consistent in-market performance
- Recent lease extension further reinforces tenant commitment and reduces near-term rollover risk for investors
- Established presence within the community creates high switching costs and makes relocation unlikely, supporting durable occupancy
- Built-in rental increases provide an inflation hedge and support long-term NOI growth
- Essential-use tenancy combined with stable small-town demand drivers creates predictable, durable cash flow in a supply-limited market
- Double Net (NN) lease structure provides passive income with minimal landlord obligations, enhancing ease of ownership
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