Building Details

Year Built 2025

Listing Agency: The Boulder Group Show Phone

Listed By: Randy Blankstein · License #IL 471005983

Source: Crexi

Added: Apr 24 Changed: Aug 31 Last Checked: Aug 30 at 3:17AM

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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

Investment Insights

Based on property information with market context.

Located at 106 Magnolia Dr in Forsyth, Illinois, this NNN property is associated with the Dollar General brand. The building was completed in 2025 and is offered with a 6.35% cap rate.

The asset combines a newly built commercial property with an NNN lease structure at a recognizable national retail brand location.

Key Highlights

• 6.35% cap rate
• NNN lease structure
• 2025 build

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Real Estate Agency Plumbing Service Parking Lot & Garage Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Furniture & Home Goods

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

332

Businesses Nearby

178k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Home Improvements & Furnishings 37% Dining 33% Shops & Services 24% Office Supplies 6%

Menards Home Improvements & Furnishings

42,683 visits/mo 0.4 miles

Lowe's Home Improvements & Furnishings

23,018 visits/mo 0.4 miles

Five Below Shops & Services

22,716 visits/mo 0.4 miles

Forsyth Shops & Services

19,618 visits/mo 0.2 miles

McAlister's Deli Dining

18,456 visits/mo 0.3 miles

Demographics for 62535, IL

3,745

Population

1,346

Households

2.8

Avg Household Size

44

Median Age

59%

College-Educated

97%

High-School Grad

3.6 sq mi

ZIP Area

1,040

Density / Sq Mi

$113,456

Median Household Income

$69,632

Median Earnings

$1,207

Median Rent

$289,800

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?

NNN property - The property carries an NNN lease structure and is associated with the Dollar General brand.

Where is this nnn property located?

The property is located at 106 Magnolia Dr Forsyth, IL.

What are key features of this property?

This property features: 6.35% cap rate; NNN lease structure; 2025 build