Dollar General NNN
New
For Sale
$520,000
36 Grove Street, Prophetstown, IL 61277
The occupied retail property has a tenant lease extending into 2030, with additional renewal options.
Property Size9,300 SF
Price / SF$55.91
Days on Market3
Property Features for 36 Grove Street
General Information
Standard status
Active
Size
9,300 SF
Property subtype
Discount
Lease Type
NN
Additional Details
Tenant in Place
Yes
Amenities
Recently Extended Lease | Current term runs through February 28, 2030, with three additional 5-year options.
Low Rent & Price Point | $45,600 annual rent, just $4.90/SF, with a $520,000.
Limited Local Competition | Only Dollar General in Prophetstown, with the nearest location approximately 7.6 miles away.
Building Details
Building Size
9,300 SF
Listing Agency:
New York City Office
Listed By:
Avery Darby · License #License(s): NY: 10401398842
(646) 805-1402
Source:
Marcusmillichap
Added: Oct 23
Last Checked: Oct 24 at 1:26PM
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 New York City Office
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Investment Insights
Based on property information with market context.
This 9,300-square-foot retail property at 36 Grove Street in Prophetstown, Illinois, is occupied by Dollar General. The tenant has extended its lease through February 2030, with three additional five-year options and scheduled rent increases. Exercising all options would extend potential occupancy through 2045.
Key Highlights
- Dollar General occupies the 9,300‑square‑foot retail property
- Lease extended through February 2030
- Three additional five‑year options could extend occupancy through 2045
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
51
Businesses Nearby
12k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Casey's General Store
Shops & Services
7,995 visits/mo
0.1 miles
Dollar General
Shops & Services
4,040 visits/mo
0.1 miles
Demographics for 61277, IL
3,233
Population
1,325
Households
2.4
Avg Household Size
45
Median Age
16%
College-Educated
90%
High-School Grad
133.7 sq mi
ZIP Area
24
Density / Sq Mi
$72,837
Median Household Income
$40,000
Median Earnings
$735
Median Rent
$134,000
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
NNN property - The occupied retail property has a tenant lease extending into 2030, with additional renewal options.
Where is this nnn property located?
The property is located at 36 Grove Street Prophetstown, IL.
What is the asking price?
The asking price for this property is $520,000.
What are key features of this property?
This property features: Dollar General occupies the 9,300‑square‑foot retail property; Lease extended through February 2030; Three additional five‑year options could extend occupancy through 2045
