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Dollar General Store Investment Opportunity

2015 N Grand Ave E, Springfield, IL

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For Sale

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Two Dollar General stores in Illinois and Michigan for sale.

Type:RETAIL

Property size:

21,843 SF

Lot size:

1.60 Acres

Price / SF:

$123/SF

HighLights

Corporately guaranteed NN Leases by Dollar General Corp.
Located in Springfield, Illinois (13,709 SF) and Flint, Michigan (8,134 SF).
Minimal Landlord responsibility.
Ideal opportunity for a 1031 Exchange buyer.
Proven profitability of the tenant.
Financial strength of Dollar General.

We can help!

Listing Contact

Angelo Iacobelli

Learn more

For Sale

Contact for pricing

Two Dollar General stores in Illinois and Michigan for sale.

Type:RETAIL

Property size:

21,843 SF

Lot size:

1.60 Acres

Price / SF:

$123/SF

Added:: May 13, 2024
Days on Market:: 765
Last Refresh:: May 20 at 8:42 pm

Property Features for 2015 N Grand Ave E

General Information

Standard status: Active
Size: 21,843 SF
Lot size: 1.60 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Angelo Iacobelli

Listing agent Steve Sagmani License #6502426558

Listing office Exclusive Realty

Listing date May 13, 2024

Source Moodyscre

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 Exclusive Realty

HighLights

Corporately guaranteed NN Leases by Dollar General Corp.
Located in Springfield, Illinois (13,709 SF) and Flint, Michigan (8,134 SF).
Minimal Landlord responsibility.
Ideal opportunity for a 1031 Exchange buyer.
Proven profitability of the tenant.
Financial strength of Dollar General.

Overview

Available for sale are two Dollar General stores, one spanning 13,709 square feet in Springfield, Illinois, and another encompassing 8,134 square feet in Flint, Michigan, totaling 21,843 square feet. These properties are subject to NN Leases, which assign minimal responsibilities to the landlord. The leases are corporately guaranteed by Dollar General Corp. This offering presents an opportunity for a 1031 Exchange buyer. The investment offers potential for continued success, supported by the financial strength and profitability of the tenant.

Location Intelligence

Current Use by Public Records

Redbox Cinema Dollar General Discount Store Western Union Bank

Suggested Use

Location Insight

Map
Local Demand

City: Springfield
County: Sangamon
State: Illinois
Longitude: -89.6274
Latitude: 39.7874

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What type of property is this?

Grocery and convenience store - Two Dollar General stores in Illinois and Michigan for sale.

Where is this grocery and convenience store located?

The property is located at 2015 N Grand Ave E Springfield, IL.

What is the asking price?

The asking price for this property is $2,700,000.

What are key features of this property?

This property features: Corporately guaranteed NN Leases by Dollar General Corp.; Located in Springfield, Illinois (13,709 SF) and Flint, Michigan (8,134 SF).; Minimal Landlord responsibility.

2015 N Grand Ave E, Springfield, IL

Two Dollar General stores in Illinois and Michigan for sale.

Property Features for 2015 N Grand Ave E

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Versatile Commercial Property, Springfield, IL

Spacious Office Building, Springfield, IL

Multi-Purpose Building with Basketball Court

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Versatile Commercial Property in Springfield

Springfield Industrial Park Warehouse Building

Springfield Strip Mall For Sale

Well-Maintained Office Building

Warehouse with Multiple Overhead Doors

Class A Office Building

Multi-Unit Office and Retail Building

Downtown Springfield Commercial Building For Sale

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