Dollar General Investment
For Sale
Contact for pricing
1217 US-45, Eldorado, IL 62930
Dollar General leased property for sale below replacement cost.
Property Size12,000 SF
Price / SF$16.65
Days on Market714
Property Features for 1217 US-45
General Information
Standard status
Active
Size
12,000 SF
Class
C
Property subtype
Retail
Occupancy
100%
Lease Type
Gross
Investment Type
Net Lease
Net Operating Income
$22,976
Building Details
Buildings
1
Stories
1
Units
1
Tenancy
Multi
Listing Agency:
Transwestern Houston
(817) 877-4433
Listed By:
Bill Behr · License #TX 351049
Source:
Crexi
Added: Sep 6, 2024
Changed: Aug 16
Last Checked: Aug 19 at 5:16AM
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 Transwestern Houston
Investment Insights
Based on property information with market context.
This commercial/retail building in Eldorado, Illinois, is predominantly leased to Dollar General. The Dollar General lease is structured on a “modified gross” basis, and Dollar General has occupied the property continuously for more than 30 years. Commencing in May 1994, Dollar General initially leased 6,000 square feet, or approximately half of the total building area. Indicating a strong commitment to the site, Dollar General expanded into additional space, which now totals approximately 10,500 square feet out of the approximately 12,000 square feet of estimated total building area. In addition, Dollar General has continued to renew its lease most recently with a five (5)-year lease extension as of May 1, 2023 through April 30, 2028.
Key Highlights
- High Cap Rate: Offered at an 11.5% capitalization rate, indicating a strong potential return on investment.
- Priced below replacement cost.
- Long‑term tenant: Dollar General has been a tenant for over 30 years.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
310
Businesses Nearby
68k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 62%
Dining 38%
Huck's
Shops & Services
19,180 visits/mo
0.1 miles
McDonald's
Dining
18,298 visits/mo
0.1 miles
Eldorado
Shops & Services
8,907 visits/mo
0.2 miles
Dollar General
Shops & Services
6,199 visits/mo
0.3 miles
Dollar Tree
Shops & Services
5,536 visits/mo
0.1 miles
Demographics for 62930, IL
5,716
Population
2,990
Households
1.9
Avg Household Size
42
Median Age
20%
College-Educated
91%
High-School Grad
70.4 sq mi
ZIP Area
81
Density / Sq Mi
$54,094
Median Household Income
$36,735
Median Earnings
$655
Median Rent
$90,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Dollar General — 545 US-45, Eldorado, IL 62930
- Big John's — 1105 US-45, Eldorado, IL 62930
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Dollar General leased property for sale below replacement cost.
Where is this grocery and convenience store located?
The property is located at 1217 US-45 Eldorado, IL.
What is the asking price?
The asking price for this property is $199,790.
What are key features of this property?
This property features: High Cap Rate: Offered at an **11.5% capitalization rate**, indicating a strong potential return on investment.; Priced **below replacement cost**.; Long‑term tenant: Dollar General has been a tenant for over 30 years.
