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    206 W Franklin St Hudson, IL 61748

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    For Sale
    $1,238,856

    NNN Dollar General with corporate guarantee and strong local positioning.

    Property size:
    9,100 SF
    Lot size:
    0.88 Acres

    Property Features for 206 W Franklin St

    General Information

    Size
    9,100 SF
    Lot size
    0.88 Acres

    Source: Matthews Real Estate Investments Services | New York Agent Edward DeSimone

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Dollar General NNN Investment Opportunity

    This property, built in 2020, is a Dollar General location with over 10.75 years remaining on the primary lease term, including five 5-year options. Rental increases of 10% are scheduled at the start of each option period. The property is situated on approximately 1.26 acres and features a concrete parking lot with 30 spaces. The absolute NNN lease structure requires no management responsibilities, making it suitable for passive investors. The lease is corporately guaranteed by Dollar General Corporation, a Fortune 500 company with an investment-grade rating (S&P: BBB) and over 21,000 locations nationwide. Located in Hudson, IL, approximately 8 miles north of Bloomington, IL, the property benefits from a strong local presence on the town's main retail corridor, adjacent to the I-39 off-ramp with a traffic volume of approximately 20,600 vehicles per day. The surrounding area within a 10-mile radius has over 127,013 residents and an average household income exceeding $105,157.
    Insight Report Location Intelligence

    Current Use by Public Records

    Dollar General Dollar Store Western Union Money Transfer Service

    Suggested Use

    Building Supply Spa & Massage Hair Salon Clothing Store Nail Salon Kitchen & Bath Storage Facility Bar & Pub Garden Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hudson
    County
    McLean
    State
    Illinois
    Longitude
    -88.9939678
    Latitude
    40.6061626

    FAQs

    What type of property is this?
    Grocery and convenience store - NNN Dollar General with corporate guarantee and strong local positioning.
    Where is this grocery and convenience store located?
    The property is located at 206 W Franklin St Hudson, IL.
    What is the asking price?
    The asking price for this property is $1,238,856.
    What are key features of this property?
    This property features: - Absolute NNN lease, a truly passive investment.; - Corporate guaranty from Dollar General Corp (S&P: BBB).; - Over \u00b110.75 years remaining on the primary lease term.
    (732) 832-5414
    Request Owner's contact information
    206 W Franklin St Hudson, IL 61748
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    206 W Franklin St
    Hudson, IL 61748
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    206 W Franklin St Hudson, IL 61748
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