764 S Blanche St Mounds, IL 62964

This property features a Dollar General, a creditworthy tenant with a strong financial background and a long-term lease. The building was constructed in 2010 as a build-to-suit. The lease has 5 years remaining on the renewal, with 10% rental escalations in each renewal option period. Landlord responsibilities are minimal, as Dollar General fully reimburses for CAM. Dollar General is an investment grade rated tenant (S&P: BBB). Dollar General has had 35 consecutive years of same store sales growth. The property is located in Mounds, Illinois, in Pulaski County, approximately 140 miles south of St. Louis, Missouri, and just east of Interstate 57. The location is approximately 35 miles from the intersection of Interstate 57 and Interstate 55, in close proximity to the Illinois-Missouri and Illinois-Kentucky borders. The nearest Walmart is located 27 miles from the property. The property is in close proximity to Interstate 57, which links Mounds to Chicago, Illinois, to the north and Sikeston, Missouri, to the south. Dollar General is publicly traded on the New York Stock Exchange (DG) with a market capitalization of approximately $29 billion. The property size is 9014 square feet.