Absolute NNN Retail
For Sale
Contact for pricing
Pending
3884 Fosterburg Road, Alton, IL 62002
Freestanding Dollar General location with a long-term lease and no landlord responsibilities.
Property SizeContact for details
Days on Market142
Property Features for 3884 Fosterburg Road
General Information
Standard status
Pending
Property subtype
Retail
Site & Location
Pylon Signage
Yes
Traffic Count
16,100 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Chicago
(312) 279-5345
Listed By:
Dan Elliot · License #IL 475144985
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 1:48PM
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 SRS Real Estate Partners Chicago
Investment Insights
Based on property information with market context.
This offering comprises fee simple ownership of the land and building occupied by Dollar General in Alton, Illinois. The property is leased under an absolute NNN structure, placing operating responsibilities with the tenant. A new 15-year lease is in place, accompanied by three 5-year extension options and 10% rent increases at the start of each option period. The tenant carries an S&P rating of BBB.
The site is near the Fosterburg Road and State Highway 255 diamond interchange, with visibility supported by substantial street frontage and a large pylon sign. Fosterburg Road provides a direct connection to State Highway 111, a retail corridor with national and credit-oriented retailers including The Home Depot, Target, Lowe’s Home Improvement, Tractor Supply Co., Kohl’s, Ross Dress for Less, and Aldi. The property also sits near River Reach Townhomes, Oak Grove, and Enchanted Village. The surrounding 5-mile trade area includes nearly 55,000 residents and 20,000 daytime employees.
The site is near the Fosterburg Road and State Highway 255 diamond interchange, with visibility supported by substantial street frontage and a large pylon sign. Fosterburg Road provides a direct connection to State Highway 111, a retail corridor with national and credit-oriented retailers including The Home Depot, Target, Lowe’s Home Improvement, Tractor Supply Co., Kohl’s, Ross Dress for Less, and Aldi. The property also sits near River Reach Townhomes, Oak Grove, and Enchanted Village. The surrounding 5-mile trade area includes nearly 55,000 residents and 20,000 daytime employees.
Key Highlights
- Absolute NNN lease structure with zero landlord responsibilities
- New 15‑year lease with three 5‑year extension options
- 10% rent increases at the beginning of each option period
Property Analytics
Property Profile
Current Use
Lease Details
16,100 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
6k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
6,020 visits/mo
0.3 miles
Demographics for 62002, IL
30,176
Population
14,832
Households
2
Avg Household Size
41
Median Age
24%
College-Educated
92%
High-School Grad
41.3 sq mi
ZIP Area
731
Density / Sq Mi
$57,851
Median Household Income
$38,120
Median Earnings
$941
Median Rent
$114,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Freestanding Dollar General location with a long-term lease and no landlord responsibilities.
Where is this nnn property located?
The property is located at 3884 Fosterburg Road Alton, IL.
What are key features of this property?
This property features: Absolute NNN lease structure with zero landlord responsibilities; New 15‑year lease with three 5‑year extension options; 10% rent increases at the beginning of each option period
