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Multi-Tenant Retail Property For Sale
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2301 James St, Lawrenceville, IL 62439

Multi-tenant property with Dollar General and liquor store tenants.

Property Size11,928 SF
Price / SF$100.60
Days on Market176

Property Features for 2301 James St

General Information

Standard status Active
Size 11,928 SF
Property subtype Retail
Zoning Commercial Business
Occupancy 100%
Lease Type NN
Investment Type Net Lease
Net Operating Income $85,500

Building Details

Year Built 1998
Buildings 1
Stories 1
Units 2
Tenancy Multi
Listing Agency: LHT Commercial Real Estate, LLC
Listed By: Jonathan Broadway · License #AL 82483
Source: Crexi
Added: Feb 24 Changed: Aug 15 Last Checked: Aug 18 at 8:54AM

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 LHT Commercial Real Estate, LLC

Investment Insights

Based on property information with market context.

This multi-tenant property has been home to Dollar General since 1998. The building has 11,928 square feet, with Dollar General occupying 7,392 square feet and the liquor store occupying 4,536 square feet. The yearly rental income from Dollar General is $43,500, and the liquor store's yearly rental income is $42,000. Additionally, there is $2,700 yearly CAM from Dollar General, $96,000 yearly income from a gambling machine inside the liquor store, and $4,800 yearly income from an ATM machine. The liquor store has yearly sales of $600,000, and the inventory in the liquor store is approximately $175,000. The total yearly income from the property is $184,200. The property is located in Lawrenceville, the county seat of Lawrence County, across the street from Walmart, banks, and a gas station. Other nearby establishments include McDonalds, a hospital, doctor's offices, a city park, Parkview Jr High, Lawrenceville High School, and Ace Hardware. The area also includes residential properties. There are over 3,200 vehicles per day in front of the store.

Key Highlights

  • Total yearly income of $184,200 from all sources
  • Dollar General, a long‑term tenant since 1998**
  • Liquor store includes approximately $175,000 in inventory

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Big Box & Wholesale Store Hair Salon Spa & Massage 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.

Location Intelligence

Trade Area within ½ mile

222
Businesses Nearby

Demographics for 62439, IL

6,966
Population
3,563
Households
2
Avg Household Size
43
Median Age
20%
College-Educated
90%
High-School Grad
148.0 sq mi
ZIP Area
47
Density / Sq Mi
$52,083
Median Household Income
$37,006
Median Earnings
$824
Median Rent
$98,200
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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Frequently Asked Questions

What type of property is this?
Strip mall - Multi-tenant property with Dollar General and liquor store tenants.
Where is this strip mall located?
The property is located at 2301 James St Lawrenceville, IL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Total yearly income of $184,200 from all sources; Dollar General, a long‑term tenant since 1998**; Liquor store includes approximately $175,000 in inventory
(256) 520-5000 Call to check price and availability
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