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5901 S 6th St 9,100 SF Retail Building Springfield, IL 62703 $1,388,658 ($152.60/SF) 7% Cap Rate
Investment Highlights
- Rare Interstate location just of I-55 with 46,300 cars/day. Just 2+ miles to University of Illinois-Springfield with 4300+ students.
- Ranked in the top 20%+/- for foot traffic in 2025.
- Almost 70,000 people in a 5 mile radius with Average Household Income of $118,000 in 3 mile radius.
- Immediate retailers in the area include McDonald’s, Cracker Barrel, Circle K, Wendy’s, Taco Bell and Subway
Executive Summary
This Dollar General property is located at a rare Interstate location just off I-55 with 46,300 cars per day, only 2+ miles from the University of Illinois-Springfield with 4,300+ students.? The property features a strong demographic base with almost 70,000 people in a 5-mile radius and an average household income of $118,000 within a 3-mile radius.? The store is surrounded by immediate retailers including McDonald's, Cracker Barrel, Circle K, Wendy's, Taco Bell, and Subway.? The lease is backed by a corporate guaranty from Dollar General Corporation, which operates approximately 21,000 locations and generates $42.7 billion in revenues.?
Property Facts
Sale Type
Investment NNN
Sale Conditions
Property Type
Building Size
9,100 SF
Building Class
B
Year Built
2018
Price
$1,388,658
Price Per SF
$152.60
Cap Rate
7%
NOI
$97,206
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.00 AC
Parking
48 Spaces (5.27 Spaces per 1,000 SF Leased)
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 22-27.0-376-003 | Improvements Assessment | $220,012 |
| Land Assessment | $79,411 | Total Assessment | $299,423 |
Property Taxes
Parcel Number
22-27.0-376-003
Land Assessment
$79,411
Improvements Assessment
$220,012
Total Assessment
$299,423
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5901 S 6th St
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