Building Details

Tenancy Multi

Listing Agency: RE/MAX BEST COMMERCIAL d***@gmail.com Show Phone

Listed By: David Kempen, CCIM · License #S63178000/475.164210

Source: Crexi

Added: Apr 12 Changed: Aug 16 Last Checked: Aug 14 at 7:36AM

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Investment Insights

Based on property information with market context.

This is an occupied Dollar General–anchored retail center with 100% tenancy at the time of sale. The property includes outparcels that are part of the offering. Management reports no COVID-related concessions and that all tenants are paying on time.

The roof was replaced with a Duro-Last system in 2017 and includes 11 years of remaining warranty.

According to the seller, Dollar General has exercised options and is on its third lease option, reflecting ongoing commitment to the site. The managing broker is a principal owner of the property.

Key Highlights

• Dollar General–anchored retail center that is 100% occupied
• All tenants have been paying on time, with zero COVID concessions reported
• Roof replacement with a Duro‑Last roof in 2017; 11 years of warranty remaining

Property Analytics

Current Use

Subway Take-out & Catering Western Union Bank

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store HVAC Service Hair Salon Kitchen & Bath Showroom 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

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

109

Businesses Nearby

19k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 92% Dining 8%

Heyworth Shops & Services

9,176 visits/mo 0.2 miles

Huck's Shops & Services

7,906 visits/mo 0.2 miles

SUBWAY Dining

1,491 visits/mo 0.1 miles

Demographics for 61745, IL

4,331

Population

1,645

Households

2.6

Avg Household Size

40

Median Age

36%

College-Educated

98%

High-School Grad

74.4 sq mi

ZIP Area

58

Density / Sq Mi

$102,696

Median Household Income

$60,353

Median Earnings

$1,013

Median Rent

$209,300

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Shopping center - Dollar General–anchored retail center is 100% occupied and includes outparcels offered with the sale.

Where is this shopping center located?

The property is located at 803 W Cleveland St Heyworth, IL.

What are key features of this property?

This property features: Dollar General–anchored retail center that is 100% occupied; All tenants have been paying on time, with zero COVID concessions reported; Roof replacement with a Duro‑Last roof in 2017; 11 years of warranty remaining