Search
314 W Plaza, Carterville, IL, 62918
Former Dollar General Retail Store

314 W Plaza Carterville, IL 62918

For Sale
Contact for pricing

Former Dollar General storefront available 10/2026, with excellent visibility from Route 13 in Carterville, IL.

Property Size8,000 SF
Lot Size1.04 Acres
Price / SF$99.38
Days on Market82

Property Features for 314 W Plaza

General Information

Standard status
Active
Size
8,000 SF
Lot size
1.04 Acres
Property subtype
RETAIL

Properties For Sale

at 314 W Plaza Contact us
Listing Agency: Hilliker Corporation
Listed By: Kevin Eskridge · License #2020022669
Source: Moodyscre
Added: May 4 Changed: Jul 23 Last Checked: Jul 23 at 9:36AM

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 Hilliker Corporation


Investment Insights

Based on property information with market context.

This retail storefront property was formerly operated as a Dollar General and is offered for sale. The site includes an approximately 8,000-square-foot retail building on a 1.04+ acre lot, with availability scheduled for 10/2026.

The property is located at 314 W Plaza in Carterville, Illinois, and benefits from excellent visibility from Route 13. The surrounding area is described as having an average household income exceeding $97,000.

The offering provides a single retail facility configuration consistent with a neighborhood discount retail use, with timing for occupancy beginning in October 2026.

Key Highlights

  • Former Dollar General storefront available 10/2026
  • 1.04± acre lot
  • Excellent visibility from Route 13

Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $103.7k $12.96
− Vacancy −$10.4k −$1.30
EGI $93.3k $11.66
− OpEx −$28.0k −$3.50
NOI $65.3k $8.16
8,000 SF · lease $12.96/SF/yr · vacancy 10.00% · expense 30.00%

Alternative Uses

Best Use
Retail
$933.1K
$816.5K – $1.09M (±1% cap)
NOI $65,318 @ 7.0% cap · market cap 8.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.69M
$1.48M – $1.97M (±1% cap)
NOI $118,057 @ 7.0% cap · market cap 14.85%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Redbox Cinema FedEx OnSite Postal Service Western Union Bank Dollar General Discount Store

Suggested Use

Building Supply Auto Repair Shop Electrical Service Auto Parts Store Law Firm Spa & Massage Center Pharmacy Furniture & Home Goods Grocery & Convenience Store Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Storefront property - Former Dollar General storefront available 10/2026, with excellent visibility from Route 13 in Carterville, IL.
Where is this storefront property located?
The property is located at 314 W Plaza Carterville, IL.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Former Dollar General storefront available 10/2026; 1.04± acre lot; Excellent visibility from Route 13
(314) 781-0001 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message