- For Sale $677,350
- Property Type Retail
- Property Size 8,640 SF
- Lot Size 0.38 Acre
- Cap Rate % 8.75
- NOI / YR $59,268.00
- # of Floors 1
- Property Tenancy Single Tenant
- Year Built 1980
- Date Updated Mar 24, 2026
Description
Bellagio Real Estate Partners, LLC is pleased to present the opportunity to acquire
a Dollar General property located at 3419 N Prospect Road in Peoria, Illinois. The
subject property is leased to DG Retail, LLC, a wholly owned subsidiary of Dollar
General Corporation (NYSE: DG), which operates approximately 20,000 locations
nationwide.
The property consists of 8,640 square feet with excellent visibility and access,
including a dedicated pylon sign at the corner of Prospect and Wilson and a full
left-in, left-out turn lane. Surrounding national retailers include Shell, Walgreens,
McDonald’s, Starbucks, Sherwin Williams, Domino’s, Pizza Hut, Jimmy John’s, Dunkin’,
and Rent One, reinforcing the strength of the trade corridor. According to Placer.ai,
this store ranks in the top 27% of Dollar General locations in Illinois, demonstrating
strong customer traffic and performance.
Improvements to the roof were made in 2025, with warranty coverage through
2028. An HVAC unit was replaced in 2022, and work was completed on the parking
lot in 2024, offering reduced capital expenditure exposure. This offering represents
an opportunity to acquire a corporate Dollar General property at an attractive basis
below market rent and below replacement cost.
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Contacts
Bellagio Real Estate Partners
Bellagio Real Estate Partners