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Dollar General 116 S Spaulding 9,014 SF Retail Building Spring Valley, IL 61362 $1,616,000 ($179.28/SF) 7.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Built to Suit in 2010 and Recent Remodel in 2025
  • Across from Spring Valley Supermarket
  • Double Net Lease with Corporate Guarantee
  • Part of a Nine Location Dollar General Portfolio and Available for Sale Individually

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
9,014 SF
Building Class
C
Year Built
1945
Price
$1,616,000
Price Per SF
$179.28
Cap Rate
7.50%
NOI
$121,184
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.96 AC
Zoning
Light Ind
Parking
30 Spaces (3.33 Spaces per 1,000 SF Leased)
Frontage
50’ on Spalding St

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Retailer
  • -
  • -
  • Nov 2030

DG is proud to be America’s neighborhood general store. They strive to make shopping hassle-free and affordable with convenient, easy-to-shop stores all across the states. DG's stores deliver everyday low prices on items including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products and much more from America’s most-trusted brands and products, along with high-quality private brands. From serving their customers with value and convenience and their employees with career opportunities to serving the communities they call home through literacy and education, Dollar General has been committed to its mission of Serving Others since the company’s founding in 1939.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Retailer - - Nov 2030
Walk Score®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Heartland Bank & Trust Company
Valley Storage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
18-34-436-016
Land Assessment
$3,701
Improvements Assessment
$0
Total Assessment
$3,701
  • Listing ID: 37353359

  • Date on Market: 8/20/2025

  • Last Updated:

  • Address: 116 S Spaulding, Spring Valley, IL 61362

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