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    Tenant-Leased Property with Renewal Option Title is generated by Realmo AI

    1217 Us Highway 45 N, Eldorado, IL 62930

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    Tenant-leased property with low rental rate and renewal option.

    Type:Retail
    Property size:
    12,000 SF
    Added:
    Mar 7, 2026
    Days on Market:
    93
    Last Refresh:
    Mar 7 at 7:06 pm

    Property Features for 1217 Us Highway 45 N

    General Information

    Standard status
    Active
    Size
    12,000 SF
    Property subtype
    Retail

    Properties For Sale

    at 1217 Us Highway 45 N Contact us

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    Listing Contact
    Gavin Behr
    Gavin Behr

    Listing agent Gavin Behr License #TX: 692962

    Listing office Transwestern | Fort Worth

    Listing date Mar 7, 2026

    Source Transwestern

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

    All listing content including descriptions, pricing, images are the copyrighted material of Transwestern | Fort Worth

    HighLights

    • Tenant‑leased property available at approximately $21.50 per square foot.
    • Dollar General (DG) has a 30+ year operating history at this location.
    • DG recently executed a new 5‑year lease.
    • Extremely low annual rental rate of $3.43 per square foot (gross).
    • Remaining five‑year renewal option with a 13.33% rental increase.
    • Vacant 1,500 square foot space offers potential for additional rental income.

    Overview

    This tenant-leased property presents an opportunity for acquisition at an exceptionally low price point, approximately $21.50 per square foot based on the total building area of approximately 12,000 square feet. The property has a history of over 30 years of operation, with the tenant having recently executed a new 5-year lease, demonstrating a continued commitment to the location. The annual rental rate is extremely low at $3.43 per square foot "gross", providing affordable and sustainable rent. There is one remaining five-year renewal option available at $3,400.00 per month, representing a 13.33% rental increase. Additionally, there is a small remaining vacant space of approximately 1,500 square feet, which may potentially be leased out to a third-party tenant to add value.
    Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center

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

    Similar Places Nearby

    • Dollar General — 545 US-45, Eldorado, IL 62930
    • Big John's — 1105 US-45, Eldorado, IL 62930

    Location Insight

    • Map
    • Local Demand
    City
    Eldorado
    County
    Saline
    State
    Illinois
    Longitude
    -88.440555
    Latitude
    37.80702

    Nearby Similar for Sale

    • $199,790
      12,000 SF

      Dollar General Investment Opportunity

      Dollar General leased property for sale below replacement cost.
      1217 US-45, Eldorado, IL 62930
      View Details
    • $29,900
      5,200 SF

      Mixed-Use Building on Main Street

      5,000 sq ft mixed-use building with storefronts and residential space.
      1701 Locust Street, Eldorado, IL 62930
      View Details

    FAQs

    What type of property is this?
    Grocery and convenience store - Tenant-leased property with low rental rate and renewal option.
    Where is this grocery and convenience store located?
    The property is located at 1217 Us Highway 45 N Eldorado, IL.
    What are key features of this property?
    This property features: Tenant‑leased property available at approximately $21.50 per square foot.; Dollar General (DG) has a 30+ year operating history at this location.; DG recently executed a new 5‑year lease.
    (817) 259-3549
    We can help!
    Listing Contact
    Gavin Behr
    Gavin Behr
    Real Estate License ID: TX: 692962
    Learn More
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