INVESTMENT OFFERING
SAB Capital is pleased to present Dollar General in Richmond, IL, located within the Chicago Metropolitan Area. This is an absolute triple net (NNN) with zero landlord responsibilities. This is also a new construction property with lease commencing in 2022. Dollar General is the most prominent dollar store brand, with 17,000 stores and the 91st largest company in the Fortune 500. The locality has strong demographics with over $102,000 average household income within 5 miles.
- Dollar General in Richmond, IL | 53 Miles North of Chicago
- Long-term Lease | Tenant Has Committed to 15 Year Lease Beginning in 2022
- High-Credit Corporate Guarantee | Dollar General Has Over 17,000 Stores
- Zero Landlord Responsibilities | Absolute Triple Net (NNN) Lease Structure
- Wealthy Local Demographics | Average Household Income Over $102,000 in a 5 Mile Radius
- Suburban Midwest Location | Located Between Milwaukee, WI & Chicago, IL
- High Traffic Corridor | Site Sees Over 13,000 Vehicles Per Day
- Close Proximity to National Tenants | Nearby Retailers Include NAPA Auto Parts, Taco Bell, McDonald’s, and USPS
Tenant | Price | Cap Rate | Lease Type | Square Feet | Status |
---|---|---|---|---|---|
Dollar General | $1,790,633 | 6.00% | Absolute NNN | 9,100 | Available |