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                                     
 

"I was very pleased with the results you have achieved. You were a pleasure to work with and I would highly recommend your services to anyone. I found your brokerage skills excellent and your approach with us very straightforward looking forward to working with you again."
Dr. Alexander Basch, 1031 Buyer

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