Dollar General 700 S Sycamore St 7,040 SF Retail Building Villa Grove, IL 61956 $491,103 CAD ($69.76 CAD/SF) 9.01% Cap Rate

Marcus & Millichap is pleased to present Dollar General located at 700 S Sycamore Street in Villa Grove, Illinois (Champaign­ Urbana MSA).
This single-tenant NN leased property features a ±8,500 square foot building situated on a generous ±1.5-acre parcel with excellent frontage along South Sycamore Street the primary thoroughfare of Villa Grove.
Dollar General has occupied this property for 32 years (since 1993) and continued to pay increased rent throughout their Tenancy and just exercised their Three (3) year lease renewal option demonstrating their longer term commitment to the location. This property presents the investor the opportunity to acquire a BBB investment grade (S&P) tenant with a 32 operating history at a low price point.
Located in Douglas County, Villa Grove is a small but important agricultural and commercial area within east-central Illinois, serving as a key retail destination for nearby rural communities. The area benefits from consistent local demand, with Dollar General providing essential goods and convenience for residents. The site offers strong visibility and easy accessibility for local shoppers. The property benefits from its proximity to complementary local businesses and regional service providers, supporting stable retail activity. Additionally, Villa Grove's location approximately 20 miles south of Champaign reinforces its role as a local hub while benefiting from the economic strength of the greater Champaign-Urbana market.