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Dollar General 764 S Blanche St 9,014 SF Retail Building Mounds, IL 62964 $1,127,484 ($125.08/SF) 7.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Close proximity to Interstate 57 which links Mounds to Chicago, IL to north and Sikeston, MO to the south
- Close proximity with the nearest Walmart located 27 miles from the property
EXECUTIVE SUMMARY
Dollar General is an investment grade rated tenant (S&P: BBB). 5 years remaining on lease renewal. 10% rental escalations in each renewal option period. Minimal landlord responsibilities - Dollar General fully reimburses for CAM. Dollar General is publicly traded on the New York Stock Exchange (DG) with a market capitalization of approximately $29 billion. Dollar General has had 35 consecutive years of same store sales growth proving to be resistant to both difficult economic times and e-commerce.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,014 SF
Building Class
B
Year Built
2010
Price
$1,127,484
Price Per SF
$125.08
Cap Rate
7.75%
NOI
$87,380
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.51 AC
Opportunity Zone
Yes
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| United States Highway 51 | Blanche School St, S | 3,510 | 2025 | 0.05 mi |
| Blanche School Street | State Hwy 51, S | 1,652 | 2020 | 0.07 mi |
| Blanche School Street | Hwy 51, S | 1,629 | 2025 | 0.07 mi |
| United States Highway 51 | Greencove Ln, S | 2,404 | 2025 | 0.07 mi |
| United States Highway 51 | Oakley, S | 3,510 | 2025 | 0.09 mi |
| United States Highway 51 | 3rd St, N | 3,510 | 2025 | 0.32 mi |
| Old US Highway 51 | Midway St, N | 1,829 | 2025 | 0.37 mi |
| South Blanche Street | 2nd St, N | 2,664 | 2025 | 0.38 mi |
| United States Highway 51 | 1st St, S | 3,563 | 2023 | 0.50 mi |
| North Blanche Street | 1st St, S | 3,510 | 2025 | 0.55 mi |
PROPERTY TAXES
| Parcel Number | 07-22-200-054 | Improvements Assessment | $269,967 |
| Land Assessment | $2,614 | Total Assessment | $272,581 |
PROPERTY TAXES
Parcel Number
07-22-200-054
Land Assessment
$2,614
Improvements Assessment
$269,967
Total Assessment
$272,581
MAP
ADDITIONAL PHOTOS
Stock Photo 1