Dollar General Glen Carbon, IL

296 W Main St
Glen Carbon, IL

Price: $634,242
Cap Rate: 8.25%
NOI: $52,325
Building Size: Approx. 8,744 Sq. Ft.
Lot Size: Approx. 0.84 Acres
Type: Single-Tenant / Retail
Sub Category: Dollar Store
Year Built: 2003

Investment Overview

  • 2003 Construction. 8,744+/- SF Building on 0.84+/- Acre Site
  • 25-Year NN+ Lease, Recent Renewal in 2023, 1 Option Remains, w/ 4% Rent Increase
  • Located Near Major Highways I-285 & I-270 (Combined Traffic Counts of 15K+ VPD)
  • Near Anderson Hospital (151 Beds), SIUE (14,000 Students) & Lambert-St. Louis International Airport (15 Million Annual Passengers)
  • Close Proximity to National Retailers Including Walmart, Target, Sam’s Club, Best Buy, Lowe’s & Aldi
  • Dollar General, a Fortune 500 Company and One of the Largest Discount Retailers in the U.S. Operates Over 20,000 Stores Across 47 States
  • Glen Carbon | Located in Rapidly Growing Metro (St. Louis MSA) | MSA Population: 2.81M

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