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Investment Highlights

  • New Construction (2023) – Modern 10,500 SF Retail Building
  • For Sale or Lease - Suitable for Single-Tenant or Multi-Tenant
  • Just 30 Miles North of Peoria
  • Prime Highway Frontage – Excellent Visibility
  • Ample On-Site Parking

Executive Summary

This newly constructed 10,500 SF former Family Dollar/Dollar Tree building offers a turnkey retail opportunity for sale or lease in Wyoming, Illinois. Built in 2023, the property features modern construction with attractive stone façade finishes, ample on-site parking, and excellent frontage along Illinois Route 91 (S. 7th Street). Designed for flexible single-tenant or subdivided retail use, the building provides high visibility, strong local traffic exposure, and proximity to established neighborhood amenities, making it ideal for discount, convenience, medical, or service-oriented users seeking a modern retail footprint in a stable rural market.
Area Description
The subject property is located just 30 miles north of Peoria, along Illinois Route 91 (South 7th Street), the primary commercial corridor through Wyoming, Illinois. This property benefits from excellent visibility and convenient access for both local residents and regional travelers. Wyoming, a Stark County community of approximately 1,500 residents with a median household income around $57,000, serves as a retail and service hub for surrounding rural towns within the Peoria regional trade area. The site is surrounded by complementary uses including Casey’s General Store, Shell, Dollar General, and local dining and service businesses, drawing consistent daily traffic from commuters and residents alike. Its position along a major route connecting Peoria and north-central Illinois communities provides a stable customer base and support for retail and essential service operations.

Financial Summary (Actual - 2025)

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $126,000 $12.00

Financial Summary (Actual - 2025)

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $126,000
Annual Per SF $12.00

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Convenience Store
Building Size
10,500 SF
Year Built
2023
Price
$1,100,000
Price Per SF
$104.76
Cap Rate
11.45%
NOI
$126,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.60 AC
Zoning
C-1 - Commercial
Parking
53 Spaces (5.05 Spaces per 1,000 SF Leased)

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • 10,500 SF
  • $12.00
  • Triple Net
  • Oct 2033

Family Dollar began in 1959 as a discount variety store chain and grew from a neighborhood retail concept into a nationwide business serving everyday shopping needs. The company focuses on affordable family essentials and carries food and beverages, paper products, health and beauty supplies, pet food, home products, apparel and accessories, seasonal goods, and electronics. Family Dollar supports convenient value shopping through national brands, private-label items, and digital savings tools across the United States.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Retailer 10,500 SF $12.00 Triple Net Oct 2033

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 10,500 SF
  • Retail
  • -
  • Now

Property Description This newly constructed 10,500 SF former Family Dollar/Dollar Tree building offers a turnkey retail opportunity for sale or lease in Wyoming, Illinois. Built in 2023, the property features modern construction with attractive stone façade finishes, ample on-site parking, and excellent frontage along Illinois Route 91 (S. 7th Street). Designed for flexible single-tenant or subdivided retail use, the building provides high visibility, strong local traffic exposure, and proximity to established neighborhood amenities, making it ideal for discount, convenience, medical, or service-oriented users seeking a modern retail footprint in a stable rural market. Area Description The subject property is located just 30 miles north of Peoria, along Illinois Route 91 (South 7th Street), the primary commercial corridor through Wyoming, Illinois. This property benefits from excellent visibility and convenient access for both local residents and regional travelers. Wyoming, a Stark County community of approximately 1,500 residents with a median household income around $57,000, serves as a retail and service hub for surrounding rural towns within the Peoria regional trade area. The site is surrounded by complementary uses including Casey’s General Store, Shell, Dollar General, and local dining and service businesses, drawing consistent daily traffic from commuters and residents alike. Its position along a major route connecting Peoria and north-central Illinois communities provides a stable customer base and support for retail and essential service operations.

Space Size Space Use Position Available
1st Floor 10,500 SF Retail - Now

1st Floor

Size
10,500 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 10,500 SF
Space Use Retail
Position -
Available Now

Property Description This newly constructed 10,500 SF former Family Dollar/Dollar Tree building offers a turnkey retail opportunity for sale or lease in Wyoming, Illinois. Built in 2023, the property features modern construction with attractive stone façade finishes, ample on-site parking, and excellent frontage along Illinois Route 91 (S. 7th Street). Designed for flexible single-tenant or subdivided retail use, the building provides high visibility, strong local traffic exposure, and proximity to established neighborhood amenities, making it ideal for discount, convenience, medical, or service-oriented users seeking a modern retail footprint in a stable rural market. Area Description The subject property is located just 30 miles north of Peoria, along Illinois Route 91 (South 7th Street), the primary commercial corridor through Wyoming, Illinois. This property benefits from excellent visibility and convenient access for both local residents and regional travelers. Wyoming, a Stark County community of approximately 1,500 residents with a median household income around $57,000, serves as a retail and service hub for surrounding rural towns within the Peoria regional trade area. The site is surrounded by complementary uses including Casey’s General Store, Shell, Dollar General, and local dining and service businesses, drawing consistent daily traffic from commuters and residents alike. Its position along a major route connecting Peoria and north-central Illinois communities provides a stable customer base and support for retail and essential service operations.

Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
07-01-109-026
Land Assessment
$9,711
Improvements Assessment
$257,140
Total Assessment
$266,851
  • Listing ID: 38228314

  • Date on Market: 10/27/2025

  • Last Updated:

  • Address: 503 S 7th St, Wyoming, IL 61491

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