401 N Mine St
Sandoval, IL 62882
Dollar General · Retail Property For Sale

SVN Holman Norden is pleased to present a 100% fee simple interest in a Dollar General property located at 401 N. Mine Street, Sandoval, IL 62882. This store is located on State Highway 50, a heavily traveled connector from Salem IL to Carlyle IL. US Highway 50 is also a frequented travel path from St. Louis to the many communities in Central Southern Illinois all the way to Indiana. The commuter traffic combined with the local service area make this a GREAT location for this Dollar General. The subject property is a 8125 square foot building leased to Dollar General Corporation as a long-term tenant. Built in 2004 to better serve the community. Dollar General extended the lease term in 2016 to May 31, 2021, this gives approximately 4.2 years of current term remaining with (1) five year options. This location still has the RARE percentage rent clause in the lease. Sandoval is a diverse community satisfying several different types of needs for the area. In addition to having manufacturing, farming and small business of its own. Sandoval serves as a bedroom community for the Salem IL and Centralia IL (both about a 6-mile drive) employment market. All of these characteristics combine to make this a strong market for Dollar General