Details
Dollar General in Jacksonville, IL
1417 S Main St, Jacksonville, IL
hIGHLIGHTS
Size:10,000 SF
Price:$495,500.00
CAP RATE:8.00%
NOI:$39,640.00
PROPERTY
OVERVIEw
DETAILS
• Strong historical sales
• HVAC replaced in 2009
• Roof was replaced in 2011
• Block and brick construction
• Option period exercised 3 years early
• Dollar General recently completed interior remodel
• 2010 Store sales $1,453,381
• Current lease 2/1/2010 – 1/31/2025 (two 5-year options)
InCommercial Property Group is pleased to exclusively market for sale a single tenant leased Dollar General property located in Jacksonville, Illinois. The 10,000 SF subject property has recently had a complete interior remodel wth a lease through February 2025, followed by two 5-year options. The site sits just off the signalized corner of S Main St and W Michigan Ave and is adjacent to the Colony South shopping center. Dollar General fully reimburses for taxes and insurance premiums and contributes $300/month for parking lot maintenance. Dollar General is publicly traded on the New York Stock Exchange (Symbol: DG) with a market capitalization in excess of $39 billion. Dollar General operates more than 15,000 stores located in 45 states.