Description

Dollar General occupies this 10,566-square-foot freestanding retail property at 450 West Cumberland Road in Brownstown, Illinois. Offered at $1,350,000, the property generates $92,475 in annual net operating income, representing a 6.85% capitalization rate and a price of $127.77 per square foot.

The corporate-guaranteed lease is structured as absolute triple net and runs through September 30, 2037, with approximately 11 years remaining. Dollar General is responsible for real estate taxes, insurance, maintenance, the roof, parking lot, HVAC, and common-area expenses. The tenant holds three additional five-year renewal options, each with a 10% rent increase.

Completed in 2022, the 10,566-square-foot building sits on approximately 1.55 acres along U.S. Route 40. The site is about two miles from Interstate 70 and directly adjoins the Fayette County Fairgrounds, supporting visibility and regional access. The newer construction, long remaining lease term, contractual rent growth, and no-landlord-responsibility structure position the property as a passive single-tenant retail investment.