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Dollar General NNN Property

2020 South Illinois Avenue, Carbondale, IL 62903

For Sale
Contact for pricing

The planned store is adjacent to Southern Illinois University and carries a long-term lease with rent increases.

Property SizeContact for details
Days on Market51

Property Features for 2020 South Illinois Avenue

General Information

Standard status Active
Property subtype Retail
Listing Agency: The Boulder Group - Denver
Listed By: Zach Wright · License IL #475164965
Source: Crexi
Added: Sep 22 Changed: Oct 26 Last Checked: Nov 10 at 7:04AM

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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Offered as an NNN property, the Dollar General store is opening soon. The lease term is 15 years and includes rent increases.

The site is adjacent to Southern Illinois University, which has 12K students.

Key Highlights

  • 15‑Yrs with increases
  • Adjacent to Southern Illinois University (12K Students)
  • Dollar General store opening soon

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Real Estate Agency Bakery (Bike/Boat/Book/etc) Store Law Firm Restaurant

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

247
Businesses Nearby

Demographics for 62903, IL

2,473
Population
1,452
Households
1.7
Avg Household Size
35
Median Age
45%
College-Educated
92%
High-School Grad
20.2 sq mi
ZIP Area
122
Density / Sq Mi
$39,526
Median Household Income
$21,083
Median Earnings
$802
Median Rent
$164,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
NNN property - The planned store is adjacent to Southern Illinois University and carries a long-term lease with rent increases.
Where is this nnn property located?
The property is located at 2020 South Illinois Avenue Carbondale, IL.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: 15‑Yrs with increases; Adjacent to Southern Illinois University (12K Students); Dollar General store opening soon
(720) 604-2220 · Office Call to check price and availability
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