764 S Blanche St
Mounds, IL 62964
Dollar General (Rental Escalation in 2020) · Retail Property For Sale

The Wright-Johnson National Net Lease Team of Pinnacle Real Estate Advisors is pleased to exclusively market for sale a single tenant Dollar General property located in Mounds, IL. The property is strategically located just east of Interstate 57 which connects Mounds to Chicago, IL to the north and Sikeston, MO to the south. The Dollar General is immensely benefited by minimal competition in the surrounding area with the nearest Walmart located approximately 27 miles away. The Dollar General net lease features a rare 3% rental escalation in 2020 and 10% rental escalations in each renewal option period. The 9,014 square foot Dollar General was constructed in 2010. The Dollar General is located along Old U.S. 51 which is the main thoroughfare in Mounds. The property is located within Pulaski County just north of Mound City, Il and Cairo, IL. Mounds is positioned just north of the confluence of the Ohio River and Mississippi River which provides for very fertile farm land in the surrounding area. The Dollar General store is positioned approximately 140 miles south of St. Louis.