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Dollar General Grocery Store
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1200 Division Street, Orion, IL 61273

For sale in Orion, Illinois, as a Dollar General market opening soon under a 15-year lease with increases.

Property Size10,566 SF
Price / SF$173.10
Days on Market50

Property Features for 1200 Division Street

General Information

Standard status Active
Size 10,566 SF
Property subtype Retail
Occupancy 100%
Lease Type Absolute NNN
Investment Type Net Lease
Net Operating Income $119,800

Building Details

Year Built 2026
Buildings 1
Stories 1
Tenancy Single
Listing Agency: The Boulder Group - Denver
Listed By: Zach Wright · License #IL 475164965
Source: Crexi
Added: Jun 22 Changed: Aug 8 Last Checked: Aug 9 at 9:47AM

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 The Boulder Group - Denver

Investment Insights

Based on property information with market context.

This offering is a Dollar General grocery retail property listed for sale. The site is identified as a “Dollar General Market” with an opening described as soon, and the arrangement includes a 15-year term with increases.

The property is located at 1200 Division Street in Orion, Illinois, within the Quad Cities MSA. The public remarks also describe the surrounding area as affluent, offering a positioning advantage for a neighborhood-oriented retail tenant.

For tenants and investors seeking a stabilized, long-term retail platform, the provided terms of a 15-year lease with increases are the key underwriting detail. As a grocery and convenience-oriented concept, the space is designed to support everyday shopping needs and should appeal to operators looking for a straightforward retail format with a clear branded use. Interested parties can review lease and offering materials to confirm the final opening timeline and terms associated with the increases.

Key Highlights

  • Dollar General market opening soon in Orion, Illinois
  • New construction with year built 2026
  • Offered under a 15‑year lease with increases

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Pharmacy Storage Facility (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

134
Businesses Nearby
Well-served
Demand for This Use

Demographics for 61273, IL

3,227
Population
1,221
Households
2.6
Avg Household Size
42
Median Age
30%
College-Educated
96%
High-School Grad
45.8 sq mi
ZIP Area
70
Density / Sq Mi
$103,438
Median Household Income
$52,391
Median Earnings
$785
Median Rent
$171,000
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

  • Orion Food Center IGA 510 11th Ave, Orion, IL 61273

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - For sale in Orion, Illinois, as a Dollar General market opening soon under a 15-year lease with increases.
Where is this grocery and convenience store located?
The property is located at 1200 Division Street Orion, IL.
What is the asking price?
The asking price for this property is $1,829,000.
What are key features of this property?
This property features: Dollar General market opening soon in Orion, Illinois; New construction with year built 2026; Offered under a 15‑year lease with increases
More about this property
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