Listed by The Boulder Group - Denver, The Boulder Group
$2,250,000
Dollar General Market
Details
APN 05-10-284-012
Property Type Retail
Sub Type Convenience Store, Grocery Store
Square Footage 10,566
Net Rentable (SqFt) 10,566
Units 1
Cap Rate 6.35%
NOI $142,870
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Term 15
Remaining Term 15
Rent Bumps Yes
Lease Options Five 5-Year
Price per SqFt $213
Broker Co-Op True
Year Built 2026
Buildings 1
Stories 1
Acreage 1.290
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Ground Lease No
Dollar General Market | Relocation Store | New Construction | Strong Demos | Carbondale-Marion MSA
Investment highlights
- Located in the Carbondale-Marion MSA with over 120,000 people
- Relocation store of a previously successful nearby Dollar General
- Long-term lease with 15 years remaining
- Brand-new construction store scheduled to open in August 2026
- 5% rental increases every five years
- Densely populated area with over 23,000 people living within five miles
- Strategic location along South Division Street (9,700 VPD) and just north of Route 13 (24,000 VPD)
- Affluent surrounding area with average annual household income of $91,000 within 3 miles
- Absolute triple net lease with no landlord responsibilities
- Just north of Crab Orchard Lake which has approximately 1 million annual visitors
- Retailers in immediate corridor include McDonald’s, Dairy Queen, Dollar Tree, NAPA Auto Parts, Hucks, MotoMart, Hardees, Banterra Bank, Bank of Herrin, and many others
- Dollar General Market property featuring the larger and highly desired 10,566 SF prototype carrying additional grocery items such as fresh produce, refrigerated and frozen food offerings, dairy products, and more
- 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
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Annual Debt Service
$--
$--
Annual Cash Flow
$142,870.00
$11,905.83/mo
Valuation Metrics
0
DSCR
6.35%
Cap Rate
6.35%
ROI
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