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Dollar General-Anchored Shopping Center
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1121 S Park Avenue, Herrin, IL 62948

Fully leased neighborhood center with an established anchor and multiple long-term tenants.

Property SizeContact for details
Days on Market145

Property Features for 1121 S Park Avenue

General Information

Standard status Active
Property subtype Retail
Occupancy 100%

Additional Details

Anchor Co-Tenants Dollar General

Building Details

Tenancy Multi
Listing Agency: Craig G. Yale & Associates
Listed By: Jason Yale · License #IL 471011297
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 31 at 3:00AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Craig G. Yale & Associates

Investment Insights

Based on property information with market context.

The shopping center at 1121 S. Park Avenue in Herrin, Illinois, is fully leased and anchored by Dollar General. The tenant lineup also includes Little Caesars, H&R Block, and three additional retail occupants. Dollar General has operated at the property for 20 years, recently renewed its lease, and occupies more than one-third of the gross leasable area. Three tenants have maintained occupancy for more than 10 years.

The property is positioned along Herrin’s primary north-south retail corridor, with Kroger, Walmart, Walgreens, and other national retailers located within a few blocks. Marion, Illinois, is less than 15 minutes south of the center, which is within the St. Louis MSA.

Key Highlights

  • 100% leased shopping center anchored by Dollar General
  • Dollar General has operated at the property for 20 years and recently renewed its lease
  • Dollar General occupies more than one‑third of the gross leasable area

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm HVAC Service Dental Office Plumbing Service (Bike/Boat/Book/etc) Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

419
Businesses Nearby
121k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 51% Shops & Services 27% Groceries 22%
Kroger Groceries
26,449 visits/mo 0.4 miles
McDonald's Dining
22,345 visits/mo 0.5 miles
Dollar Tree Shops & Services
10,794 visits/mo 0.5 miles
Wendy's Dining
9,801 visits/mo 0.3 miles
Taco Bell Dining
8,831 visits/mo 0.5 miles

Demographics for 62948, IL

12,536
Population
6,177
Households
2
Avg Household Size
40
Median Age
24%
College-Educated
92%
High-School Grad
20.0 sq mi
ZIP Area
627
Density / Sq Mi
$59,031
Median Household Income
$40,633
Median Earnings
$1,010
Median Rent
$112,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

  • Coinstar Kiosk | Bitcoin ATM Kroger - Louisville, 1609 S Park Ave, Herrin, IL 62948

Frequently Asked Questions

What type of property is this?
Shopping center - Fully leased neighborhood center with an established anchor and multiple long-term tenants.
Where is this shopping center located?
The property is located at 1121 S Park Avenue Herrin, IL.
What are key features of this property?
This property features: 100% leased shopping center anchored by Dollar General; Dollar General has operated at the property for 20 years and recently renewed its lease; Dollar General occupies more than one‑third of the gross leasable area
More about this property
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