Dollar General | Near Rend Lake 905 Victor st Local commercial 845 m² À vendre Christopher, IL 62822 1 527 669 € (1 807,00 €/m²) Taux de capitalisation 6,70 %

15 YEAR UPGRADED CONSTRUCTION DOLLAR GENERAL WITH RENT INCREASES IN INITIAL TERM
• The subject property has a new corporate guaranteed NNN lease with 5% rent increases every 5 years.
• Tenant is 100% responsible for all expenses, including parking lot, taxes, insurance, roof, and structure.
• There are 5% rent increases in each of the five, 5-year option periods.
• This Dollar General is under construction and rent commences in August 2025.
LOW RENT & PRICE POINT
• The subject property has a low rent of $119,976 which equates to a low price point of $1.7M.
• This price point is significantly lower than most new construction Dollar Generals on the market.
NEAR INTERSTATE 57 (41,300 VPD)
• The subject property is less than 10 minutes from Interstate 57 (41,300 VPD).
• Interstate 57 is a major interstate connecting Southern Illinois to Chicago.
INVESTMENT GRADE TENANT (S&P: BBB) WITH 21,000 LOCATIONS
• Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment grade credit rating of BBB.
• Currently over 21,000 locations and plans to open 750 stores in 2025.
• Dollar General has been in business for 80 years and has a current net worth of over $18.16B.
CHRISTOPHER, IL | SOUTHERN ILLINOIS INDUSTRIAL & RECREATIONAL HUB
• Christopher is located in Franklin County, 86 miles southeast of St. Louis, MO and 95 miles southeast of Evansville, IN.
• The economy is driven by healthcare, retail, and manufacturing. Key industries by employment include Health Care & Social Assistance (519 jobs), Retail Trade (501 jobs), and Manufacturing (320 jobs).
• Highest paying industries include Mining, Quarrying & Oil & Gas Extraction ($63,958), Public Administration ($60,750), and Manufacturing ($53,393).
• Area attractions include Rend Lake (3 Million Visits), Crab Orchard National Wildlife Refuge (1 Million Visits), Pyramid State Recreation Area (200,000+ Annual Visits), and more.
• The Franklin County School System serves 5,570 students at 19 different schools across the county.
• Franklin County had a population of 37,061 in 2024, with Benton as the county seat. Known as ‘Little Egypt,’ the area is supported by agriculture, healthcare, retail, and manufacturing.