Building Details

Year Built 2026

Tenancy Single

Listing Agency: The Boulder Group - Denver

Listed By: Zach Wright · License #IL 475164965

Source: Crexi

Added: Jun 17 Changed: Aug 15 Last Checked: Aug 20 at 9:57AM

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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 - Denver

Investment Insights

Based on property information with market context.

This offering is a brand-new Dollar General retail property positioned for long-term stability. The asset is presented with a 15-year term and rental increases noted in the current presentation, supported by the property’s single-tenant retail format.

The property is located at 302 W State Rte 161 in Albers, Illinois, within the St. Louis MSA. The presentation highlights the surrounding area as extremely affluent, which is relevant context for a discount retail tenant like Dollar General.

For investors, this is a straightforward single-tenant retail asset with the lease duration and rental increase structure described as part of the offering. For brokers and prospective buyers, the brand-new condition and Dollar General operating model can simplify underwriting inputs compared with more complex multi-tenant configurations. If you are evaluating retail investments in the St. Louis market, this property provides a clearly identified tenant, a defined term, and a contractual path for rent growth as described in the materials.

Key Highlights

• Brand‑new Dollar General with YearBuilt 2026
• Located in the St. Louis MSA
• Long‑term structure for investors or operators

Property Analytics

Property Profile

Current Use

Storefront properties

Suggested Use

Top Pick Auto Repair Shop Garden Center Butcher Computer & Electronic Repair Building Supply Auto Parts Store

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

65

Businesses Nearby

11k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Casey's General Store Shops & Services

11,471 visits/mo 0.2 miles

Demographics for 62215, IL

1,877

Population

814

Households

2.3

Avg Household Size

38

Median Age

28%

College-Educated

95%

High-School Grad

11.1 sq mi

ZIP Area

169

Density / Sq Mi

$115,776

Median Household Income

$54,152

Median Earnings

$1,097

Median Rent

$205,000

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?

Storefront property - A newly constructed Dollar General in the St. Louis MSA offering a long-term structure for investors or operators.

Where is this storefront property located?

The property is located at 302 W STATE RTE 161 Albers, IL.

What is the asking price?

The asking price for this property is $1,872,000.

What are key features of this property?

This property features: Brand‑new Dollar General with YearBuilt 2026; Located in the St. Louis MSA; Long‑term structure for investors or operators