Dollar General Listing Details & Market Data

21 S Washington St, Du Quoin, IL 51246

  • For Sale $593,333
  • Property Type Retail - Freestanding
  • Property Size 7,040 SF
  • Units 1
  • Lot Size 0.66 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated Jan 4, 2024
Du Quoin is a charming and historic town nestled in southern Illinois, known for its small-town charm, friendly community, and rich cultural heritage. With a population of approximately 6,000 residents, Du Quoin offers a peaceful and close-knit environment for businesses to thrive. We are excited to present a prime commercial real estate property for sale in the heart of Du Quoin. This property provides a fantastic opportunity for businesses looking to establish a presence in this vibrant and welcoming community. With its central location, ample parking, and excellent visibility, this property is perfectly suited for a variety of businesses, including retail, office, and service-oriented operations. Du Quoin boasts a diverse and resilient economy, with a focus on agriculture, manufacturing, and tourism. The town is surrounded by beautiful countryside, rich in fertile farmland and natural resources, providing ample opportunities for agricultural ventures. Du Quoin is also home to various manufacturing industries, contributing to the local economy and providing employment opportunities for residents.Fortis Net Lease is pleased to present this Dollar General store located at 21 S. Washington St, Du Quoin, IL. Encumbered with a 10 Year NN lease that was renewed in May 2015. There are minimal landlord responsibilities and expenses The lease has a corporate guarantee from Dollar General which has a “BBB” S&P rating and is considered an investment grade tenant. The subject property is strategically located 21 S Washington St. located in downtown Du Quoin situated along Poplar street heading straight through Du Quoin. This location is ranked within the top 15% of all Dollar General's via Placer.ai. The five mile population exceeds 9,351 patrons. The three mile median home value exceeds $81,924 and the five-mile average household income exceeds $63,691. The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of a Dollar General. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, the nation’s top dollar store.

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Highlights

  • 7,040 SF Property Positioned on 0.66 Acres
  • Encumbered with 10 Year NN Lease with 2 Years Remaining
  • Corporate Guaranteed Lease | S&P Rating BBB
  • Ranked Within top 15% of All Dollar General's Via Placer.AI
  • 3 Mile Median Home Value Exceeds $81,924
  • 5 Mile Average Household Income Exceeds $63,691

Contacts

broker

Doug Passon

Fortis Net Lease

(248) 254-3407

Location

Getting Around

  • Walk Score ®

    Somewhat Walkable (57)
  • Bike Score ®

    Somewhat Bikeable (45)
Powered by Walk Score ®
  • City Du Quoin, IL
  • Zip Code 51246

Points of Interest

  • Du Quoin

    0.22 miles

  • McDonald's

    0.79 miles

  • Walmart Supercenter

    0.88 miles

Contact Listing Broker

broker

Doug Passon

Fortis Net Lease

(248) 254-3407