12515 N Woodlawn Ln Woodlawn, IL 62898

Listing agency Fortis Net Lease

Listed by Kyle Carson · License #MI 6501384480

Source Crexi

Added: Apr 12 Updated: Jul 21 at 2:26AM Checked: Jul 22 at 4:41PM

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Investment Insights

Based on property information with market context.

Fortis Net Lease presents a 2022 build-to-suit Dollar General Plus retail property. The offering includes a 10,640 SF store under construction, with rent and opening scheduled for November 2022. The lease is structured as an absolute NNN arrangement with zero landlord responsibilities and includes five (5) renewal options of five (5) years each, with a 10% rental rate increase at each option.

The property is strategically positioned on the corner of N Woodlawn Lane and Highway 15 in Woodlawn, Illinois, with reported traffic of 7,772 cars per day. The lease is corporately guaranteed by Dollar General Corporation, which holds a credit rating of “BBB” classified as investment grade.

Key Highlights

• 2022 build‑to‑suit 10,640 SF Dollar General Plus store in Woodlawn, IL
• 15‑year absolute NNN lease with zero landlord responsibilities
• Corporately guaranteed by Dollar General Corporation (investment grade, BBB credit rating)

Property Analytics

Location Intelligence

FAQs

What type of property is this?

Retail space - 2022 build-to-suit Dollar General Plus with a 15-year absolute NNN lease and corporate guarantee.

Where is this retail space located?

The property is located at 12515 N Woodlawn Ln Woodlawn, IL.

What are key features of this property?

This property features: 2022 build‑to‑suit 10,640 SF Dollar General Plus store in Woodlawn, IL; 15‑year absolute NNN lease with zero landlord responsibilities; Corporately guaranteed by Dollar General Corporation (investment grade, BBB credit rating)