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1895 W Station Street - Dollar General, Kankakee, IL

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1895 W Station Street - Dollar General

Kankakee, IL 60901-3133

Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:2016
Building Size:9,100 SF Land Area:1 AC (43,560 SF)
For Sale Price:$1,742,733 Price/SF:$191.51
Cap Rate:6.00 %

Sale Notes:
Dollar General (NYSE: DG) operates more than 10,000 stores in 40 states, making it the largest small-box discount retailer in county. The company offers a focused assortment of everyday items, including: highly consumable merchandise as well as home, apparel and seasonal products from manufacturers such as Procter & Gamble, Kimberly Clark, Unilever, Kellogg' s, General Mills and Nabisco. The Dollar General model stresses convenience, quality, and low prices, attracting
value-conscious shoppers.

Dollar General is currently considered investment grade with a Baa3 rating from Moody' s and BBB - at Standard & Poor' s. Total revenues for the year ending January 31st 2014 were reported at 17.5 Billion. It expects sales to increase 8-9% in fiscal year 2014. Dollar General often
places locations in communities too small for a Wal-Mart, though they also maintain many locations in close proximity to Wal-Mart. Dollar General competes with national dollar store chains Family Dollar and
Dollar Tree. Regionally it competes with Fred' s in the southeast as well as many independent retailers.

LemRx Realty Advisors
Alexis Bakhtiar
(925) 263-2088

Carl Lopa
(925) 263-2088

Karina Lamar
(925) 263-2088

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