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34051396
34051386

401 North Mine Street, Sandoval, IL 62882 For Sale

SS
MI MI 6502426558
Exclusive Realty
Listed by Exclusive Realty
$515,294
16 days on market
Updated 16 days ago

Dollar General

Details
Property Type Retail
Sub Type Convenience Store, Storefront
Square Footage 8,125
Net Rentable (SqFt) 8,125
Units 1
Cap Rate 8.5%
NOI $43,800
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type NN
Lease Expiration 05/31/2027
Remaining Term 0.9
Rent Bumps Yes
Lease Options 1 (5) Year Option
Year Built 2004
Acreage 0.580
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 10/01/2003
Ground Lease No

Retail | 8.50% CAP | 8,125 SqFt

Marketing description

Exclusive Realty is pleased to present a NN Dollar General investment opportunity for sale in Sandoval, Illinois. Located in Marion County, Sandoval is a small, stable community positioned along U.S. Route 50, providing convenient connectivity to nearby markets such as Salem, Centralia, and Vandalia. The area is supported by surrounding agricultural activity and a consistent local population, with limited retail options, making Dollar General a key provider of everyday goods for residents and commuters traveling through the region. Dollar General is a nationally recognized discount retailer offering groceries, household essentials, health and beauty products, and seasonal merchandise. The NN lease structure places the majority of operating responsibilities on the tenant, reducing landlord obligations while still providing dependable cash flow. Dollar General’s proven performance in rural and small-town markets, combined with its essential retail focus, supports long-term tenant stability at this location.

Investment highlights

  • NN Dollar General investment; minimal Landlord Responsibility
  • Located in Sandoval, IL (Marion County)
  • Positioned along U.S. Route 50
  • Necessity-based national retailer
  • Limited nearby retail competition
  • Strong brand recognition and rural market strategy
  • Reduced landlord responsibilities under NN lease
  • Serves Sandoval and surrounding trade area

Listing Contacts

SS
MI MI 6502426558
Exclusive Realty
Listed by Exclusive Realty

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$43,800.00
$3,650.00/mo

Valuation Metrics

0
DSCR
8.5%
Cap Rate
8.5%
ROI

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