101 Merchant St
Macon, IL 62544

SVN | Holman Norden Properties is pleased to present a 100% fee simple interest in a Dollar General property located at the intersection of US 51 and E. Andrews Street and addressed as 101 Merchant Street, Macon IL. U.S. Route 51 (US 51) is a main northsouth artery that runs from the Ohio River north to the Wisconsin border. This is a popular travel path from Interstate 70, Vandalia IL north to the Taylorville/Decatur IL area. Combined with the local populations use makes this a GREAT location for Dollar General. The subject property is a 8125 square foot building leased to Dollar General Corporation as a long-term tenant. Built in 2004 to better serve the community. Dollar General extended the lease term nearly 2 years early in 2014. This extension combined with the previous early renewals shows a pattern of confidence by Dollar General in this store location. There is approximately 4.5 years of current term remaining. Along with the extension comes 2 - 5 year renewal options with a two hundred and fifty dollar ($250.00) increase per month for each renewal. Macon is a diverse community satisfying several different types of needs for the area. In addition to having small business and industry of its own, Macon serves as a bedroom community for the Decatur (about a 10-mile drive) employment market. Macon is also a farming community, all of these characteristics combine to make this a strong market for Dollar General.