Dollar General — Sale in Mount Olive, IL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Mount Olive, IL 62069

Investment Figures

Cap rate
9.58%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present the Dollar General located at 111 S Old Route 66 in Mount Olive, Illinois. Located in Macoupin County, Mount Olive sits along the historic Route 66 corridor in Southern Illinois, providing a unique blend of small-town stability and regional accessibility. The community is supported by steady local demand, with Dollar General serving as a primary destination for daily household essentials. Built in 2000, this single-tenant property has been operating successfully at this location for over 25 years, reflecting the tenant’s long-term commitment and consistent performance. The approximately 10,649 square foot building is situated on an approximately 0.49-acre parcel with direct frontage along Old Route 66, one of the community’s primary thoroughfares. The site provides excellent visibility and convenient access for area residents and travelers alike. The property also benefits from its position within driving distance of the greater St. Louis MSA, offering access to a larger economic base while maintaining the advantages of a smaller, close-knit market. Surrounding retailers and service providers contribute to a complementary retail environment, further enhancing the property’s long-term investment appeal. Investment Highlights: • Dollar General has Successfully Operated at this Location for 26 Years Since Opening in 2000 • Double Net Lease with Limited Landlord Responsibilities and Favorable Reimbursements to the Landlord • Investment-Grade Tenant Rated 'BBB' • Dollar General is the Nation's Largest Retailer by Store Count, Operating Over 20,000 Locations in the U.S.

Market Context

This retail in Mount Olive, IL is listed for sale. It is offered at an approximate 9.6% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 100 days. Compare it against other retail listings for sale in Mount Olive, IL — view the full market.

Contact

Explore this market

Similar Retail Business for Sale in Mount Olive, IL