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Dollar General 555 Progressive Ln 8,125 SF Retail Building South Beloit, IL 61080 $750,000 ($92.31/SF) 8% Cap Rate

Retail Buildings Illinois South Beloit 555 Progressive Ln, South Beloit, IL 61080

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INVESTMENT HIGHLIGHTS

  • Single-tenant Dollar General with a corporate-backed NN lease
  • Base rent positioned well below prevailing market rates for comparable retail in the submarket
  • CoStar traffic count of approximately 15,246 vehicles per day
  • Lease runs through 2029 with one remaining 5-year renewal option; the tenant has renewed three times since opening
  • Dollar General Corporation (NYSE: DG) — Fortune 500, investment-grade BBB rating (S&P), 21,000+ locations nationwide
  • Surrounded by national and regional retailers including ACE Hardware, NAPA Auto Parts, Subway, O’Reilly Auto Parts, Dollar Tree, and Mobil

EXECUTIVE SUMMARY

This corporate-leased Dollar General has operated successfully at this South Beloit location for more than two decades, with multiple lease renewals demonstrating the tenant’s long-term commitment to the site. Positioned at 555 Progressive Lane just off Blackhawk Boulevard (IL-75), the property offers excellent visibility and a strategic location that draws customers from both Illinois and Wisconsin. Surrounded by a mix of national and regional retailers, the store benefits from steady local demand and a strong, loyal customer base.

ATTACHMENTS

DollarGeneral_SouthBeloitIL

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,125 SF
Building Class
C
Year Built
2004
Price
$750,000
Price Per SF
$92.31
Cap Rate
8%
NOI
$60,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.88 AC
Zoning
Commercial
Parking
40 Spaces (4.92 Spaces per 1,000 SF Leased)

MAJOR TENANTS

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

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 - - -
1 1

PROPERTY TAXES

Parcel Number 04-18-102-003 Improvements Assessment $122,754
Land Assessment $54,343 Total Assessment $177,097

PROPERTY TAXES

Parcel Number
04-18-102-003
Land Assessment
$54,343
Improvements Assessment
$122,754
Total Assessment
$177,097
(847) 345-2827

Still interested?

Contact the brokers for more information about this property

CONTACTS

  • Ben Udell
    Ben Udell
  • Jack Navarra
    Jack Navarra
  • CPP CRE ILLINOIS, LLC

  • Listing ID: 37444882

  • Date on Market: 8/27/2025

  • Last Updated:

  • Address: 555 Progressive Ln, South Beloit, IL 61080

More public record information on 555 Progressive Ln, South Beloit, IL 61080

The Retail Property at 555 Progressive Ln, South Beloit, IL 61080 is currently available for Sale. Contact CPP CRE ILLINOIS, LLC for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

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555 Progressive Ln, South Beloit, IL for sale Building Photo- Image 4 of 5
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Dollar General | 555 Progressive Ln
(847) 345-2827 x

Dollar General | 555 Progressive Ln

Ben Udell
(847) 345-2827

Jack Navarra
(415) 274-2705

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