Single-Tenant Dollar General
121 S 3rd St Greenville, IL 62246
121 S 3rd St, Greenville, IL, 62246
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For Sale
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8,375-square-foot retail building on a 0.19-acre site with a corporate-guaranteed lease from Dollar General.
Property Size8,375 SF
Lot Size0.19 Acres
Days on Market105
Property Features for 121 S 3rd St
General Information
- Standard status
- Active
- Size
- 8,375 SF
- Lot size
- 0.19 Acres
- Property subtype
- Retail
Listing agency
Marcus & Millichap - Encino
Listed by
William MacDonald · License #CA 01972917
Source
Crexi
Added: Apr 10 Updated: Jul 22 at 10:16PM Checked: Jul 22 at 10:16PM
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Investment Insights
Based on property information with market context.
This is an 8,375-square-foot, single-tenant retail building operated by Dollar General. The property is situated on a 0.19-acre site at the intersection of West South Street and South 3rd Street, with the tenant operating at the location for more than 23 years. The lease is double net, with the tenant responsible for real estate taxes, insurance, and parking lot maintenance, and it carries a remaining term of approximately 4.2 years.
The lease is guaranteed by Dollar General Corporation, a publicly traded company listed on the NYSE (DG). The tenant recently exercised an additional five-year option to extend the lease through November 30, 2020. The property benefits from access to major roadways, with Interstate 70 located approximately 6 miles south of the site.
Dollar General continues to operate in the market with limited local competition described as the only Dollar General within a 17-mile radius.
The lease is guaranteed by Dollar General Corporation, a publicly traded company listed on the NYSE (DG). The tenant recently exercised an additional five-year option to extend the lease through November 30, 2020. The property benefits from access to major roadways, with Interstate 70 located approximately 6 miles south of the site.
Dollar General continues to operate in the market with limited local competition described as the only Dollar General within a 17-mile radius.
Key Highlights
- 8,375‑SF Dollar General retail building on a 0.19‑acre site at the intersection of W South St and S 3rd St in Greenville, IL
- Lease has approximately 4.2 years remaining, with rental rate $3.65/SF (below market)
- Double net (NN) lease: tenant pays real estate taxes, insurance, and parking lot maintenance ($315/month)
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - 8,375-square-foot retail building on a 0.19-acre site with a corporate-guaranteed lease from Dollar General.
Where is this retail space located?
The property is located at 121 S 3rd St Greenville, IL.
What are key features of this property?
This property features: 8,375‑SF Dollar General retail building on a 0.19‑acre site at the intersection of W South St and S 3rd St in Greenville, IL; Lease has approximately 4.2 years remaining, with rental rate $3.65/SF (below market); Double net (NN) lease: tenant pays real estate taxes, insurance, and parking lot maintenance ($315/month)
