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Ullin, IL Dollar General 250 S Locust St 9,026 SF Retail Building Ullin, IL 62992 $1,456,097 CAD ($161.32 CAD/SF) 7.45% Cap Rate

Retail Buildings Illinois Ullin 250 S Locust St, Ullin, IL 62992

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Investment Highlights

  • Absolute NNN Lease - No Landlord Responsibilities
  • Five (5) Year Options to Renew
  • 10+ Years Remaining on Current Lease Term
  • 10% Base Rent Increases at Each Option

Executive Summary

Holman Partners is pleased to present a 100% fee simple interest in a Dollar General property located at 250 N Locust Street, Ullin IL 62992. The 9,026 SF store, completed in July 2021, is operated on a Fifteen (15) Year Absolute NNN Lease, leaving zero landlord responsibilities. Included with the 10+ years remaining on the initial lease term is Five (5) Year Options to Renew, with 10% base rent increases at each. Dollar General is the largest discount retailer in the United States by the number of stores with over 20,400 neighborhood stores in 48 states. Not to mention they are among the largest retailer of topquality products made by America's most trusted manufacturers such as Procter & Gamble, Kimberly-Clark, Unilever, Kellogg, General Mills, Nabisco, PepsiCo, and Coca-Cola.

Attachments

HP - Ullin, IL Dollar General OM

Property Facts

Sale Type
Investment NNN
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,026 SF
Building Class
B
Year Built
2021
Price
$1,456,097 CAD
Price Per SF
$161.32 CAD
Cap Rate
7.45%
NOI
$108,479 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
8.45 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
C - General Commercial
Parking
20 Spaces (2.21 Spaces per 1,000 SF Leased)
Frontage
345’ on North Locust Street

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • 9,026 SF
  • -
  • Triple Net
  • Jun 2036

Dollar General began in 1939 as J.L. Turner and Son, a family business rooted in Scottsville, Kentucky, and later adopted the Dollar General name as the business expanded. The company built its model around small-box discount retailing and a simple mission centered on serving customers with affordable products and services. The company offers food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, and seasonal décor, sold through Dollar General, DG Market, DGX, pOpshelf, and Mi Súper Dollar General formats. Dollar General also sells products online and combines private brands with widely recognized national brands across a broad consumer mix.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Retailer 9,026 SF - Triple Net Jun 2036
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Source: Local Logic®

Property Taxes

Parcel Number 01-23-400-050-10 Improvements Assessment $458,404 CAD
Land Assessment $7,707 CAD Total Assessment $466,111 CAD

Property Taxes

Parcel Number
01-23-400-050-10
Land Assessment
$7,707 CAD
Improvements Assessment
$458,404 CAD
Total Assessment
$466,111 CAD
(636) 734-1815

Still interested?

Contact the brokers for more information about this property

Contacts

  • Listing ID: 40823797

  • Date on Market: 2026-06-06

  • Last Updated:

  • Address: 250 S Locust St, Ullin, IL 62992

The Retail Property at 250 S Locust St, Ullin, IL 62992 is currently available for Sale. Contact Holman Partners for more information.

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Ullin, IL Dollar General | 250 S Locust St
(636) 734-1815 x

Ullin, IL Dollar General | 250 S Locust St

Will Holman
(636) 734-1815

Addison Lijewski
(815) 993-0531

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