List Search

116 S Spaulding
Spring Valley, IL 61362

$1,616,000 USD

Storefront For Sale  •  9,014 SF

Property Details

  • Property Type Storefront
  • Total Building Size 9,014 SF
  • Lot Size 0.96 AC
  • Building Class C
  • Year Built 1945
  • Cap Rate 7.50 %
  • Tenancy Single
  • Zoning Light Ind
50 Walk Score

Highlights

Built to Suit in 2010 and Recent Remodel in 2025
Parking Lot was Repaired and Sealcoated in May 2026
Double Net Lease with Corporate Guarantee
Across from Spring Valley Supermarket
Over 21,906 Residents within Five Miles with Average Household Income of $75,756
Part of a Seven Location Dollar General Portfolio and Available for Sale Individually

Property Flyers

Cap Rate: 7.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Dollar General 11/30/2030

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 30
Type: Surface
Included in Rent: Yes
Jeff Rowlett 630-461-5887 Marcus & Millichap
Jeff Rowlett 630-461-5887 Marcus & Millichap