STNL Investment with Corporate Guarantee 500 E Saint Joseph St 836 m² 100 % Loué Local commercial Vente aux enchères en ligne Springfield, IL 62703

Benefit from fully NN income with the acquisition of a well-positioned Dollar General at 500 E St. Joseph Street in Springfield, Illinois. The property spans a total of 9,000 square feet on 0.45 acres. Leased through August 2026, this performing investment offers hands-off income with little to no involvement needed from a new owner.

Dollar General was founded in 1986 and has since exploded to occupy more than 19,000 US locations, making it among the largest small-box discount retailers in the country. As one of the few Net Lease Retailers within the industry that offer corporate guarantees and a healthy credit rating, Dollar General is the perfect tenant for investors to gain safe leverage. The financial strength of the tenant, with increasing sales and profit year-over-year, coupled with recently signed lease extensions, ensures stability as a long-term investment.

Fully renovated in 2019, this freestanding asset is situated just off Interstate 55 spur and less than a mile from the interchange with Interstate 72, offering strong connectivity to customers from the surrounding area. The location sees elevated customer traffic, thanks to its convenient proximity to national retail locations for Walmart Supercenter, Walgreens, AutoZone, Starbucks, Jimmy John’s, and more. Situated just 3 miles Northeast of the University of Illinois Springfield, the property also benefits from a built-in audience of more than 4,300 students.

Property tours are by appointment only. Please contact the listing broker to schedule.