Dollar General | Chicago, IL
For Sale
Dollar General | Chicago, IL
Asking Price: $700,000
| Cap Rate: 15.4%
- Net Operating Income: $107,565
- Weighted Avg. Lease Term (WALT): 0.9 Years
- Lease Type: Net
Property Highlights
- Leased to Dollar General on a net-lease; minimal landlord responsibilities
- Strong hedge against inflation; 10% rental increases every 5 years
- Corporate guarantee from Investment grade tenant (S&P: BBB)
- Surrounded by national tenants including: McDonald’s, Subway, Dunkin’, Walmart, Menards, Ace Hardware, Planet Fitness, and more
