555 Progressive Ln, South Beloit, IL
Single-tenant Dollar General with corporate-backed lease through 2029.
Property Features for 555 Progressive Ln
General Information
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Investment Insights
Based on property information with market context.
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
Current Use
Location Intelligence
Trade Area within ½ mile
Foot Traffic Nearby
Market
Vacancy Rate% for Retail in Midwest region