Former Dollar General Retail
For Sale
Contact for pricing
314 W Plaza, Carterville, IL 62918
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 Market175
Property Features for 314 W Plaza
General Information
Standard status
Active
Size
8,000 SF
Lot size
1.04 Acres
Property subtype
RETAIL
Listing Agency:
Hilliker Corporation
(314) 781-0001
Listed By:
Kevin Eskridge · License #2020022669
Source:
Moodyscre
Added: May 4
Changed: Jul 23
Last Checked: Oct 24 at 8:50PM
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
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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.
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
Estimated NOI and Cap Rate
NOI / Yr
$65,318
Cap Rate
8.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,306,360
$1.3M
Cap Rate 7%
$933,114
$933.1K
Cap Rate 9%
$725,756
$725.8K
Market Conditions
NOI Build-Up for 8,000 SF
Gross rent
$103.7K $12.96/SF
− Vacancy
−$10.4K −$1.30/SF
EGI
$93.3K $11.66/SF
− OpEx
−$28.0K −$3.50/SF
NOI
$65.3K $8.16/SF
Area
Williamson County, IL
Vacancy
10.00%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,306,360
Cap Rate 7%
$933,114
Cap Rate 9%
$725,756
Alternative Uses
Best Use
Retail
$933.1K
$816.5K – $1.09M
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
NOI $118,057 @ 7.0% cap · market cap 14.85%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
224
Businesses Nearby
52k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 55%
Dining 45%
McDonald's
Dining
20,556 visits/mo
0.5 miles
MotoMart
Shops & Services
14,806 visits/mo
0.3 miles
Dollar Tree
Shops & Services
7,671 visits/mo
0.4 miles
Dollar General
Shops & Services
5,988 visits/mo
0.0 miles
SUBWAY
Dining
2,651 visits/mo
0.2 miles
Demographics for 62918, IL
10,538
Population
5,001
Households
2.1
Avg Household Size
38
Median Age
43%
College-Educated
97%
High-School Grad
37.5 sq mi
ZIP Area
281
Density / Sq Mi
$70,975
Median Household Income
$45,173
Median Earnings
$909
Median Rent
$183,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
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
