Dollar General Plus - Springfield, IL

The subject property has a 10-year Double Net (NN) Corporate Guaranteed Lease with Dollar General. The Tenant has shown long term commitment to this location by extending the lease more than three (3) years in advance of expiration, adding five (5) years of term. Tenant completed a renovation of the property in 2009 and expanded in to the entire 13,709 square-foot space. This type of expansion and square footage is reserved for markets where Dollar General is performing well above the national average.

Additional Info

  • Address: : 2015 East North Grand Ave, Springfield, IL 62702
  • Price: : $875,000
  • Net Rentable Area: : 13,709
  • Lot Size (Acres): : 1.57
  • CAP Rate: : 8.75%
  • Year Built: : 1983 / 2009
  • Status: : Available

What Clients Are Saying                                     
 

"Lior Regenstreif is a professional broker that achieves real results for his clients. We purchased a transaction from a seller who had not sold a property in many years and wanted the highest price with no hassles. We were the ultimate buyer and Lior got his seller the price he wanted and made the process as smooth as possible."
Brian Fagan, Selective Real Estate Investments

Contact Us

NNN Deal
in association with Marcus & Millichap

16830 Ventura Blvd. Suite 100
Encino, CA 91436

Lior Regenstreif
First Vice President, Investments
Senior Director, National Retail Group
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Rebekah Zweiban Wallack

Senior Research Analyst
Special Projects Coordinator
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Toll Free: 888.NNN.DEAL
Phone: 818.907.9525
Fax: 818.907.8557