Dollar General NNN — Granite City, IL
Updated August 20, 2026
$2,150,000 · 6.15% CAP · 14.2 YRS
Granite City Dollar General, 10,566 SF from 2025, lists at $2,150,000 and 6.15% with 14.2 years of Absolute NNN. Three 5-year options sit behind 5% five-year steps; NOI is $132,215.
Lease Abstract
- Price
- $2,150,000
- Cap rate
- 6.15% CAP
- NOI
- $132,215
- Term remaining
- 14.2 YRS
- Lease type
- Absolute NNN
- Increases
- 5% Every 5 Years
- Options
- Three 5-Year
- Building
- 10,566 SF
- Year built
- 2025
Listing information is deemed reliable but not guaranteed — pricing, cap rates, and lease terms are subject to change, prior sale, or withdrawal without notice.
Property Details
10,566 SF building, built 2025. $203/SF asking, $12.51/SF NOI. Rent increases: 5% Every 5 Years. Renewal options: Three 5-Year. Primary term ends around 2040 (14.2 yrs left at listing, Aug 2026).
Location
Granite City, Illinois. Full address and offering memorandum released on request — see our Dollar General tenant guide and the Illinois market page for the underwriting context.
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