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New 2023 Construction Retail Building 503 S 7th St 10,500 SF of Retail Space Available in Wyoming, IL 61491
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
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 10,500 SF | Negotiable | $9.00 /SF/YR $0.75 /SF/MO $94,500 /YR $7,875 /MO | Triple Net (NNN) |
1st Floor
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.
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 10,500 SF | Gross Leasable Area | 10,500 SF |
| Property Type | Retail | Year Built | 2023 |
| Property Subtype | Convenience Store | Parking Ratio | 5.05/1,000 SF |
| Total Space Available | 10,500 SF |
| Property Type | Retail |
| Property Subtype | Convenience Store |
| Gross Leasable Area | 10,500 SF |
| Year Built | 2023 |
| Parking Ratio | 5.05/1,000 SF |
ABOUT THE PROPERTY
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.
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New 2023 Construction Retail Building | 503 S 7th St
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