Building Details

Building Size 8,125 SF

Listing Agency: CP Partners b***@cppcre.com Show Phone

Listed By: Benjamin Udell · License #IL #471.022764

Source: Cppcre

Added: Nov 25, 2025 Changed: Aug 26 Last Checked: Sep 1 at 5:41PM

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Investment Insights

Based on property information with market context.

This single-tenant retail property is occupied by Dollar General under a corporate-backed NN lease. The lease extends through 2029 and includes one remaining 5-year renewal option. The tenant has renewed three times since the initial opening, indicating a long-term commitment to the location. The base rent is below prevailing market rates for comparable retail properties in the submarket. Dollar General Corporation (NYSE: DG) is a Fortune 500 company with an investment-grade BBB rating (S&P) and operates over 21,000 locations nationwide. The property benefits from a CoStar traffic count of approximately 15,246 vehicles per day. It is located among national and regional retailers, including ACE Hardware, NAPA Auto Parts, Subway, O’Reilly Auto Parts, Dollar Tree, and Mobil. The 5-mile trade area encompasses over 44,000 residents with an average household income of $69,000.

Key Highlights

• Investment‑grade Dollar General (NYSE: DG, BBB rated) with a corporate‑backed NN lease, ensuring financial stability.
• Lease extends through 2029 with a 5‑year renewal option, and a history of three prior renewals, demonstrating tenant commitment.
• Below‑market base rent provides occupancy stability and potential for future rent increases.

Property Analytics

Property Profile

Current Use

Western Union Bank Dollar General Discount Store

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Hair Salon Big Box & Wholesale Store Spa & Massage Center

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

180

Businesses Nearby

13k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 58% Shops & Services 42%

Wendy's Dining

7,796 visits/mo 0.2 miles

Dollar General Shops & Services

5,641 visits/mo 0.2 miles

Demographics for 61080, IL

11,252

Population

4,773

Households

2.4

Avg Household Size

38

Median Age

23%

College-Educated

93%

High-School Grad

25.1 sq mi

ZIP Area

448

Density / Sq Mi

$78,533

Median Household Income

$44,081

Median Earnings

$877

Median Rent

$172,300

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Storefront property - Single-tenant Dollar General with corporate-backed lease through 2029.

Where is this storefront property located?

The property is located at 555 Progressive Lane South Beloit, IL.

What is the asking price?

The asking price for this property is $750,000.

What are key features of this property?

This property features: Investment‑grade Dollar General (NYSE: DG, BBB rated) with a corporate‑backed NN lease, ensuring financial stability.; Lease extends through 2029 with a 5‑year renewal option, and a history of three prior renewals, demonstrating tenant commitment.; Below‑market base rent provides occupancy stability and potential for future rent increases.