710 E 4th St
Delavan, IL 61734
Dollar General · Retail Property For Sale

The Boulder Group is pleased to exclusively market for sale a single tenant, new construction, net leased Dollar General property located in Delavan, IL. Delavan is part of the Peoria Metropolitan Statistical Area. The 10,566 square foot Dollar General is strategically located along East 4th Street which is the primary thoroughfare in the trade area. This store is a relocation of a previously successful Dollar General. The Dollar General was constructed in 2015. There are over 14 years remaining on the Dollar General lease which expires on November 30, 2030. The lease features 10% rental escalations in each of the five 5-year renewal option periods. This absolute triple net lease features no landlord responsibilities. Dollar General is an investment grade rated company with a Standard & Poor' s rating of BBB. On October 15, 2015, Standard & Poor' s upgraded Dollar General from BBB- to BBB. Dollar General is publicly traded on the New York Stock Exchange (DG) with a market capitalization in excess of $23 billion. As of March 23, 2016, Dollar General operated 12,483 stores located in 43 states. This property is being offered individually or as part of a portfolio.