Share This Listing

Message

936 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Ullin, IL Dollar General 250 S Locust St 9,026 SF Retail Building Ullin, IL 62992 $1,043,221 ($115.58/SF) 7.45% Cap Rate

Retail Buildings Illinois Ullin 250 S Locust St, Ullin, IL 62992

Save this listing!

Favorite this listing to get notified of price updates, new media and more

Investment Highlights

  • Absolute NNN Lease - No Landlord Responsibilities
  • Five (5) Year Options to Renew
  • 10+ Years Remaining on Current Lease Term
  • 10% Base Rent Increases at Each Option

Executive Summary

Holman Partners is pleased to present a 100% fee simple interest in a Dollar General property located at 250 N Locust Street, Ullin IL 62992. The 9,026 SF store, completed in July 2021, is operated on a Fifteen (15) Year Absolute NNN Lease, leaving zero landlord responsibilities. Included with the 10+ years remaining on the initial lease term is Five (5) Year Options to Renew, with 10% base rent increases at each. Dollar General is the largest discount retailer in the United States by the number of stores with over 20,400 neighborhood stores in 48 states. Not to mention they are among the largest retailer of topquality products made by America's most trusted manufacturers such as Procter & Gamble, Kimberly-Clark, Unilever, Kellogg, General Mills, Nabisco, PepsiCo, and Coca-Cola.

Attachments

HP - Ullin, IL Dollar General OM

Property Facts

Sale Type
Investment NNN
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,026 SF
Building Class
B
Year Built
2021
Price
$1,043,221
Price Per SF
$115.58
Cap Rate
7.45%
NOI
$77,720
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
8.45 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
C - General Commercial
Parking
20 Spaces (2.21 Spaces per 1,000 SF Leased)
Frontage
345’ on North Locust Street

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • 9,026 SF
  • -
  • Triple Net
  • Jun 2036

Dollar General began in 1939 as J.L. Turner and Son, a family business rooted in Scottsville, Kentucky, and later adopted the Dollar General name as the business expanded. The company built its model around small-box discount retailing and a simple mission centered on serving customers with affordable products and services. The company offers food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, and seasonal décor, sold through Dollar General, DG Market, DGX, pOpshelf, and Mi Súper Dollar General formats. Dollar General also sells products online and combines private brands with widely recognized national brands across a broad consumer mix.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Retailer 9,026 SF - Triple Net Jun 2036
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Source: Local Logic®

Property Taxes

Parcel Number 01-23-400-050-10 Improvements Assessment $328,730
Land Assessment $5,527 Total Assessment $334,257

Property Taxes

Parcel Number
01-23-400-050-10
Land Assessment
$5,527
Improvements Assessment
$328,730
Total Assessment
$334,257
(636) 734-1815

Still interested?

Contact the brokers for more information about this property

Contacts

  • Listing ID: 40823797

  • Date on Market: 6/6/2026

  • Last Updated:

  • Address: 250 S Locust St, Ullin, IL 62992

The Retail Property at 250 S Locust St, Ullin, IL 62992 is currently available for Sale. Contact Holman Partners for more information.

1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View Street
Map
250 S Locust St, Ullin, IL for sale Primary Photo- Image 1 of 5
Primary Photo
250 S Locust St, Ullin, IL for sale Plat Map- Image 2 of 5
Plat Map
250 S Locust St, Ullin, IL for sale Building Photo- Image 3 of 5
Building Photo
250 S Locust St, Ullin, IL for sale Building Photo- Image 4 of 5
Building Photo
1 of 1
Ullin, IL Dollar General | 250 S Locust St
(636) 734-1815 x

Ullin, IL Dollar General | 250 S Locust St

Will Holman
(636) 734-1815

Addison Lijewski
(815) 993-0531

Already a member? Log In

First Name*

Last Name*

Email*

Email address is required

Phone*

Ext (optional)

Company (optional)

Message*

Message is required

{{getContactFormMessageFieldCharacterCount()}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Notice.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message
Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}
You can provide feedback any time using the Help button at the top of the page.