Dollar General Investment
For Sale
Contact for pricing
555 Progressive Ln, South Beloit, IL
Single-tenant Dollar General with corporate-backed lease through 2029.
Property Size8,125 SF
Lot Size1.16 Acres
Price / SF$92.31
Days on Market324
Property Features for 555 Progressive Ln
General Information
Standard status
Active
Size
8,125 SF
Lot size
1.16 Acres
Property subtype
RETAIL
Listing Agency:
CP Partners
(415) 274-2705
Listed By:
Jack Navarra · License #01909630
Source:
Moodyscre
Added: Sep 12, 2025
Changed: Jul 10
Last Checked: Jul 21 at 5:11AM
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 CP Partners
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
Location Intelligence
Trade Area within ½ mile
166
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
0.1 miles
Dollar General
Shops & Services
5,641 visits/mo
0.1 miles
Market
Vacancy Rate% for Retail in Midwest region
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 Ln 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.
