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709 Court St North Grayville, IL 62844

For Lease
$941,647

11,500 SF Dollar Tree & Family Dollar hybrid store for rent.

Building Details

Year built
1980

Source: Corey Bunch Agent Corey Bunch

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Grayville Retail Investment Opportunity

This 11,500 SF retail property is a Dollar Tree & Family Dollar hybrid store located in Grayville, Illinois. The property is under a ten-year double net lease, assigning minimal responsibilities to the landlord. The lease includes four five-year options for renewal, each with a $0.50 PSF rent increase. The lease is corporately guaranteed by Dollar Tree Corporation, which holds a credit rating of “BBB”, classified as investment grade. The store benefits from high visibility, strategically positioned off North Court, the highest-trafficked road in Grayville. The surrounding area has a five-mile population of 2,355, with a three-mile average household income of $68,644. This location out-positions other retailers. The property is positioned on New Jackson Hwy. Grayville is near the Wabash River in White County, Illinois, with access to Interstate 64 and Illinois Route 1. The property is intended for retail use. Combo Stores See 20% Increase in Revenue!
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Family Dollar Dollar Store

Suggested Use

Restaurant Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Clothing Store Nail Salon Hotel & Motel Department Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Farmhouse Florist

Location Insight

  • Map
  • Local Demand
City
Grayville
County
White
State
Illinois
Longitude
-87.99602
Latitude
38.250713

FAQs

What type of property is this?
Storefront property - 11,500 SF Dollar Tree & Family Dollar hybrid store for rent.
Where is this storefront property located?
The property is located at 709 Court St North Grayville, IL.
What are key features of this property?
This property features: - Corporately guaranteed lease by Dollar Tree Corporation (rated 'BBB' investment grade) provides financial security.; - 10-year double net (NN) lease requires minimal landlord responsibilities.; - Strategic location on the highest-trafficked road in Grayville (New Jackson Hwy) ensures high visibility.
More about this property
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