204 Pittsfield Rd Mount Sterling, IL 62353-1626

This exceptional investment opportunity presents a 9,100 square foot Dollar General store located at 204 Pittsfield Rd, Mount Sterling, IL 62353. Built in 2009 on a 0.77-acre lot, this single-tenant property boasts a strong 8.75% cap rate, generating a net operating income (NOI) of $79,268. The property features a Net Lease (NN) structure with limited landlord responsibilities, providing a passive income stream. The investment-grade tenant, Dollar General Corporation, is backed by a corporate guarantee, mitigating risk. The current lease, commenced November 13, 2009, has approximately 5.5 years remaining, with two additional 5-year options, each including a 10% rent increase. The asking price is $905,920, translating to $99.55 per square foot. This property offers a compelling combination of a strong tenant, long-term lease, and attractive financial returns, making it an ideal addition to any diversified portfolio. The property benefits from its location in Mount Sterling, Illinois, and the tenant's resilience to economic downturns and e-commerce competition. This is a rare opportunity to acquire a high-performing, low-maintenance retail investment with significant upside potential.