Dollar General — Sale in Ullin, IL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Ullin, IL 62992

Investment Figures

Cap rate
7.20%

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 250 Locust Street in Ullin, Illinois. Located in Pulaski County, Ullin is a rural village in Southern Illinois that benefits from regional draw and proximity to major transportation routes, including Interstate 57. While small in population, the area is supported by agricultural activity, logistics routes, and surrounding communities that rely on national retailers for daily needs. This single-tenant property features an approximately 9,026-square-foot building on an approximately 1.51-acre parcel, offering a significant land-to-building ratio and long-term site flexibility. Built in 2021, the property benefits from modern construction, a long remaining lease term, and strong visibility along Locust Street. The large parcel size presents potential future redevelopment value or expansion optionality. The property is strategically located within driving distance of larger regional hubs, including Cape Girardeau, Missouri, enhancing its accessibility and relevance in the local retail network. Investment Highlights: • Fifteen-Year Absolute Triple-Net Lease with 10.8 Years Remaining • Tenant Holds Five (5) Options to Extend the Lease, Each for a Five-Year Term • Ten Percent Base Rent Increases at Each Option • Investment-Grade Tenant Rated 'BBB' • Dollar General is the Nation's Largest Retailer by Store Count, Operating More Than 20,000 Locations

Market Context

This retail in Ullin, IL is listed for sale. It is offered at an approximate 7.2% 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 Ullin, IL — view the full market.

Contact

Explore this market

Similar Retail Business for Sale in Ullin, IL