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105 E Falcon Hwy
Flanagan, IL 61740

$1,145,579 USD

General Retail For Sale  •  8,861 SF

Property Details

  • Property Type General Retail
  • Total Building Size 9,100 SF
  • Lot Size 1.91 AC
  • Building Class B
  • Year Built 2020
  • Cap Rate 7.35 %
  • Tenancy Single
0 Transit Score
24 Walk Score

Highlights

Dollar General covers all taxes, insurance, and maintenance for fully passive ownership.
Corporately guaranteed by Dollar General (NYSE: DG), rated BBB with $40B+ in 2024 revenue and 20,000+ stores.
Centrally located within Flanagan’s main neighborhood grid, generating steady daily demand.
15-year NNN lease through Oct 2035 with five 5-year options and 10% rent increases.
Affluent submarket with $108K+ average household income and limited retail competition.
1.91-acre parcel with strong visibility, ample parking, and long-term site value.
Cap Rate: 7.35 %

Major Tenants

Tenant SF Occupied Lease End Date
Dollar General 10/31/2035

Public Transportation

AirportDriveWalkDistance
Central Il Regional/Bloomington-Normal 61 min - 42.3 mi
Matthew Gorman 215-603-6914 CBRE, Inc.
Matthew Gorman 215-603-6914 CBRE, Inc.