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Dollar General Market 811 S Division St 10,566 SF Retail Building Carterville, IL 62918 $2,250,000 ($212.95/SF) 6.35% Cap Rate
Investment Highlights
- Located in the Carbondale-Marion MSA with over 120,000 people
- Long-term lease with 15 years remaining
- 5% rental increases every five years
- Relocation store of a previously successful nearby Dollar General
- Brand-new construction store scheduled to open in August 2026
- Densely populated area with over 23,000 people living within five miles
Property Facts
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
10,566 SF
Building Class
B
Year Built
2026
Price
$2,250,000
Price Per SF
$212.95
Cap Rate
6.35%
NOI
$142,870
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.29 AC
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Dollar General
- -
- -
- -
- Triple Net
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Dollar General | - | - | - | Triple Net | - |
Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
30/100
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Dollar General Market | 811 S Division St
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