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Dollar General | Flanagan, IL 105 E Falcon Hwy 9,100 SF Retail Building Flanagan, IL 61740 $1,599,137 CAD ($175.73 CAD/SF) 7.35% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Dollar General covers all taxes, insurance, and maintenance for fully passive ownership.
  • Centrally located within Flanagan’s main neighborhood grid, generating steady daily demand.
  • Affluent submarket with $108K+ average household income and limited retail competition.
  • Corporately guaranteed by Dollar General (NYSE: DG), rated BBB with $40B+ in 2024 revenue and 20,000+ stores.
  • 15-year NNN lease through Oct 2035 with five 5-year options and 10% rent increases.
  • 1.91-acre parcel with strong visibility, ample parking, and long-term site value.

EXECUTIVE SUMMARY

Part of a portfolio, available together or individually. Click here to view all properties: https://cbreemail.com/s/6cb7163cfd370b83e075e7db3b2e36445a241730

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Building Size
9,100 SF
Building Class
B
Year Built
2020
Price
$1,599,137 CAD
Price Per SF
$175.73 CAD
Cap Rate
7.35%
NOI
$117,537 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.91 AC

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Retailer
  • -
  • -
  • Oct 2035

DG is proud to be America’s neighborhood general store. They strive to make shopping hassle-free and affordable with convenient, easy-to-shop stores all across the states. DG's stores deliver everyday low prices on items including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products and much more from America’s most-trusted brands and products, along with high-quality private brands. From serving their customers with value and convenience and their employees with career opportunities to serving the communities they call home through literacy and education, Dollar General has been committed to its mission of Serving Others since the company’s founding in 1939.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Retailer - - Oct 2035

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
13-13-27-201-024
Land Assessment
$19,709 CAD
Improvements Assessment
$424,611 CAD
Total Assessment
$444,320 CAD
  • Listing ID: 38086488

  • Date on Market: 2025-10-15

  • Last Updated:

  • Address: 105 E Falcon Hwy, Flanagan, IL 61740

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