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Dollar General 555 Progressive Ln 8,125 SF Retail Building South Beloit, IL 61080 $1,046,940 CAD ($128.85 CAD/SF) 8% Cap Rate

Retail Buildings Illinois South Beloit 555 Progressive Ln, South Beloit, IL 61080

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INVESTMENT HIGHLIGHTS

  • Single-tenant Dollar General with a corporate-backed NN lease
  • Base rent positioned well below prevailing market rates for comparable retail in the submarket
  • CoStar traffic count of approximately 15,246 vehicles per day
  • Lease runs through 2029 with one remaining 5-year renewal option; the tenant has renewed three times since opening
  • Dollar General Corporation (NYSE: DG) — Fortune 500, investment-grade BBB rating (S&P), 21,000+ locations nationwide
  • Surrounded by national and regional retailers including ACE Hardware, NAPA Auto Parts, Subway, O’Reilly Auto Parts, Dollar Tree, and Mobil

EXECUTIVE SUMMARY

This corporate-leased Dollar General has operated successfully at this South Beloit location for more than two decades, with multiple lease renewals demonstrating the tenant’s long-term commitment to the site. Positioned at 555 Progressive Lane just off Blackhawk Boulevard (IL-75), the property offers excellent visibility and a strategic location that draws customers from both Illinois and Wisconsin. Surrounded by a mix of national and regional retailers, the store benefits from steady local demand and a strong, loyal customer base.

ATTACHMENTS

DollarGeneral_SouthBeloitIL

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,125 SF
Building Class
C
Year Built
2004
Price
$1,046,940 CAD
Price Per SF
$128.85 CAD
Cap Rate
8%
NOI
$83,755 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.88 AC
Zoning
Commercial
Parking
40 Spaces (4.92 Spaces per 1,000 SF Leased)

MAJOR TENANTS

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

DG est fière d'être le magasin général de quartier d'America. Nous nous efforçons de rendre les achats faciles et abordables grâce à des magasins pratiques et faciles à acheter partout aux États-Unis. Les magasins DG offrent tous les jours à bas prix des articles, notamment de la nourriture, des collations, des produits de santé et de beauté, des produits de nettoyage, des vêtements de base, des articles ménagers, des articles saisonniers, des produits en papier et bien plus encore des marques et produits les plus fiables des États-Unis, ainsi que des marques privées de haute qualité. Depuis la fondation de l'entreprise en 1939, Dollar General s'est engagé à servir ses clients avec valeur et commodité, en offrant des possibilités de carrière à ses employés ou en servant les communautés qu'ils considèrent comme leur maison par le biais de l'alphabétisation et de l'éducation.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Retailer - - -
1 1

PROPERTY TAXES

Parcel Number 04-18-102-003 Improvements Assessment $172,386 CAD
Land Assessment $76,315 CAD Total Assessment $248,701 CAD

PROPERTY TAXES

Parcel Number
04-18-102-003
Land Assessment
$76,315 CAD
Improvements Assessment
$172,386 CAD
Total Assessment
$248,701 CAD
(847) 345-2827

Still interested?

Contact the brokers for more information about this property

CONTACTS

  • Ben Udell
    Ben Udell
  • Jack Navarra
    Jack Navarra
  • CPP CRE ILLINOIS, LLC

  • Listing ID: 37444882

  • Date on Market: 2025-08-27

  • Last Updated:

  • Address: 555 Progressive Ln, South Beloit, IL 61080

The Retail Property at 555 Progressive Ln, South Beloit, IL 61080 is currently available for Sale. Contact CPP CRE ILLINOIS, LLC for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

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Dollar General | 555 Progressive Ln
(847) 345-2827 x

Dollar General | 555 Progressive Ln

Ben Udell
(847) 345-2827

Jack Navarra
(415) 274-2705

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