348 State Highway 121
Bethany, IL 61914
Dollar General | Bethany, IL · Retail Property For Sale

The lease structure is triple net (NNN), with zero landlord responsibilities. Tenant is responsible for maintaining, repairing, and replacing all aspects of the property, as well as all required insurances, taxes, and utilities. There are fourteen (14.3) years remaining on the lease term, plus five (5), five (5) year options. The lease provides for 10% rental increases at each option period. The lease is corporately guaranteed by Dollar General Corporation, which has an investment grade credit rating of BBB (S&P). This location was recently constructed in 2017. The average household income in the five (5) mile demographic ring is $63,695. The City of Bethany has a limited amount of retail within the city limits. Dollar General serves as the go-to store for surrounding residents. Bethany is located 58 miles (65 minutes) away from Springfield, IL and 19.4 miles (26 minutes) away from Decatur, IL. The next closest Dollar General is 8.5 miles (13 minutes) from the subject property. The Village of Bethany offers a wide range of events, from outdoor concerts, seasonal festivals, and sports competitions, to spending time in the local parks, and relaxing with your family for an afternoon of outdoor fun.