321 Walnut St, Tamaroa, IL 62888-4600

This exceptional investment opportunity presents a 9,100 square foot Dollar General store located at 321 S Walnut St, Tamaroa, IL 62888. The property boasts a 15-year absolute triple-net (NNN) lease with a corporate guarantee from Dollar General (NYSE: DG), providing significant financial security. The lease commenced March 1, 2017, and has a remaining term of 7.3 years, expiring March 1, 2032. Rent increases of 10% every five years are built into the lease, offering protection against inflation. Five (5), five (5) year lease options further enhance the long-term value. The property sits on a 0.72-acre lot and was built in 2017. With a current NOI of $69,328 and an asking price of $1,066,000, this translates to a 6.50% cap rate and a price per square foot of $117.14. The property enjoys 100% occupancy and benefits from its location near high-traffic State Route 51. This single-story building offers a strong, stable investment with a proven track record and significant upside potential due to the built-in rent escalations and lease extension options. The property is privately owned and is being offered for sale.