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Dollar General Investment Opportunity
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1217 Us Highway 45 N, Eldorado, IL 62930

Dollar General leased property for sale below replacement cost.

Property Size12,000 SF
Days on Market165

Property Features for 1217 Us Highway 45 N

General Information

Standard status Active
Size 12,000 SF
Class C
Property subtype Retail

Building Details

Stories 1

Properties For Sale

at 1217 Us Highway 45 N Contact us

Available Space

Suite
1217 US Hwy 45 N
Size
12,000 SF
Availability
Sale
Contact us
Listing Agency: Transwestern | Fort Worth
Listed By: Gavin Behr · License #692962
Source: Transwestern
Added: Mar 26 Changed: Sep 3 Last Checked: Sep 5 at 3:34AM

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

Investment Insights

Based on property information with market context.

This commercial/retail building in Eldorado, Illinois, is predominantly leased to Dollar General. The Dollar General lease is structured on a “modified gross” basis, and Dollar General has occupied the property continuously for more than 30 years. Commencing in May 1994, Dollar General initially leased 6,000 square feet, or approximately half of the total building area. Indicating a strong commitment to the site, Dollar General expanded into additional space, which now totals approximately 10,500 square feet out of the approximately 12,000 square feet of estimated total building area. In addition, Dollar General has continued to renew its lease most recently with a five (5)-year lease extension as of May 1, 2023 through April 30, 2028.

Key Highlights

  • High Cap Rate: Offered at an 11.5% capitalization rate, indicating a strong potential return on investment.
  • Priced below replacement cost.
  • Long‑term tenant: Dollar General has been a tenant for over 30 years.

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Dental Office Building Supply Hair Salon Law Firm Spa & Massage Center HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

310
Businesses Nearby
68k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 62% Dining 38%
Huck's Shops & Services
19,180 visits/mo 0.1 miles
McDonald's Dining
18,298 visits/mo 0.1 miles
Eldorado Shops & Services
8,907 visits/mo 0.2 miles
Dollar General Shops & Services
6,199 visits/mo 0.3 miles
Dollar Tree Shops & Services
5,536 visits/mo 0.1 miles

Demographics for 62930, IL

5,716
Population
2,990
Households
1.9
Avg Household Size
42
Median Age
20%
College-Educated
91%
High-School Grad
70.4 sq mi
ZIP Area
81
Density / Sq Mi
$54,094
Median Household Income
$36,735
Median Earnings
$655
Median Rent
$90,500
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

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

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Dollar General leased property for sale below replacement cost.
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: High Cap Rate: Offered at an **11.5% capitalization rate**, indicating a strong potential return on investment.; Priced **below replacement cost**.; Long‑term tenant: Dollar General has been a tenant for over 30 years.
More about this property
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