1111 Coyne Center Rd 9 002 pi² Commerce de détail Immeuble Milan, IL 61264 1 796 130 $ CAD (199,53 $ CAD/pi²) 7,35% Taux de capitalisation

This Dollar General property offers a stable, long-term investment opportunity in the Quad Cities region, a growing Midwest market with strong economic fundamentals. The asset is backed by a corporate-guaranteed lease from Dollar General Corporation (NYSE: DG), which operates over 19,000 locations nationwide. The lease is structured as an absolute NNN, providing zero landlord responsibilities and truly passive income.
Positioned near Interstate 280, the property benefits from excellent regional connectivity and proximity to Rock Island, Moline, Davenport, and Bettendorf. These cities drive consistent retail demand and economic activity, supported by major employers such as the Rock Island Arsenal and John Deere. The immediate trade area features an average household income exceeding $90,000 within a one-mile radius, reinforcing strong purchasing power.
With a remaining lease term of five years and two five-year renewal options, this property offers predictable cash flow and annual rent escalations. The asset is priced below replacement cost, providing an attractive entry point in today’s elevated development environment. Dollar General’s recession-resistant business model and essential goods focus ensure consistent performance across economic cycles, making this a compelling addition to any investment portfolio.