Dollar General Grocery
For Sale
Contact for pricing
Pending
421 Broadway St, Mount Vernon, IL 62864
Built-to-suit retail facility with a corporate lease guarantee and NN lease structure.
Property SizeContact for details
Days on Market142
Property Features for 421 Broadway St
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
Fortis Net Lease
Listed By:
Matthew Wittbrodt · License #MI 6501390666
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Aug 29 at 3:30PM
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 Fortis Net Lease
Investment Insights
Based on property information with market context.
This built-to-suit Dollar General store contains 8,125 SF and is operating at 421 Broadway St in Mount Vernon, Illinois. The property is subject to a 15-year NN lease, with rent beginning in March 2017, and the lease carries a corporate guarantee from Dollar General Corporation. The guarantor holds a BBB credit rating, identified in the source information as investment grade.
Broadway St records 7,985 cars per day, providing a documented traffic setting for the operating store. The surrounding three-mile area has a population of 17,154 and an average household income of $61,577 per year. The offering conveys fee simple ownership of the retail property.
Broadway St records 7,985 cars per day, providing a documented traffic setting for the operating store. The surrounding three-mile area has a population of 17,154 and an average household income of $61,577 per year. The offering conveys fee simple ownership of the retail property.
Key Highlights
- 8,125 SF built‑to‑suit Dollar General store
- 15‑year NN lease with rent commencing in March 2017
- Corporate guarantee from Dollar General Corporation
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
519
Businesses Nearby
28k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Huck's
Shops & Services
16,952 visits/mo
0.2 miles
Dollar General
Shops & Services
6,992 visits/mo
0.1 miles
Peoples National Bank
Shops & Services
3,575 visits/mo
0.2 miles
Bradshaw Auto Sales & Detailing
Shops & Services
729 visits/mo
0.2 miles
Demographics for 62864, IL
23,327
Population
11,105
Households
2.1
Avg Household Size
41
Median Age
21%
College-Educated
94%
High-School Grad
143.0 sq mi
ZIP Area
163
Density / Sq Mi
$58,082
Median Household Income
$36,440
Median Earnings
$882
Median Rent
$117,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Built-to-suit retail facility with a corporate lease guarantee and NN lease structure.
Where is this grocery and convenience store located?
The property is located at 421 Broadway St Mount Vernon, IL.
What are key features of this property?
This property features: 8,125 SF built‑to‑suit Dollar General store; 15‑year NN lease with rent commencing in March 2017; Corporate guarantee from Dollar General Corporation
