Dollar General and Family Dollar
For Sale
Contact for pricing
Pending
400 W Walnut St, Watseka, IL 60970
Three occupied retail properties leased to established dollar-store operators across Illinois, Kentucky, and Michigan.
Property SizeContact for details
Days on Market142
Property Features for 400 W Walnut St
General Information
Standard status
Pending
Property subtype
Retail
Building Details
Buildings
3
Listing Agency:
Landmark Commercial Real Estate Services
(248) 488-2620
Listed By:
Max Lippitt · License #MI 6501395927
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 4:40PM
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 Landmark Commercial Real Estate Services
Investment Insights
Based on property information with market context.
This retail portfolio comprises three leased storefront properties occupied by Dollar General and Family Dollar. The assets are located at 400 W Walnut St in Watseka, Illinois; 101 Highland Dr in Fulton, Kentucky; and 12075 M-32 in Atlanta, Michigan.
The Watseka Dollar General lease commenced on 5/1/1993 and extends through 4/30/2026, with an 8.25% cap rate. The Fulton Dollar General lease began on 7/1/1998 and runs through 1/31/2027, with an 8.00% cap rate and a scheduled rent increase on 2/1/2024. The Atlanta Family Dollar lease commenced on 12/1/1999 and extends through 12/31/2024, with a 9.00% cap rate.
The offering combines three branded retail locations under separate lease terms, providing a geographically distributed portfolio across three states.
The Watseka Dollar General lease commenced on 5/1/1993 and extends through 4/30/2026, with an 8.25% cap rate. The Fulton Dollar General lease began on 7/1/1998 and runs through 1/31/2027, with an 8.00% cap rate and a scheduled rent increase on 2/1/2024. The Atlanta Family Dollar lease commenced on 12/1/1999 and extends through 12/31/2024, with a 9.00% cap rate.
The offering combines three branded retail locations under separate lease terms, providing a geographically distributed portfolio across three states.
Key Highlights
- Three‑property retail portfolio occupied by Dollar General and Family Dollar
- 400 W Walnut St, Watseka, IL 60970; Dollar General lease expires 4/30/2026
- 101 Highland Dr, Fulton, KY; Dollar General lease expires 1/31/2027
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
420
Businesses Nearby
9k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Marathon Petroleum
Shops & Services
2,749 visits/mo
0.1 miles
BP
Shops & Services
2,725 visits/mo
0.2 miles
AutoZone
Shops & Services
1,620 visits/mo
0.5 miles
Oil Changers
Shops & Services
1,185 visits/mo
0.2 miles
Napa Auto Parts
Shops & Services
456 visits/mo
0.3 miles
Demographics for 60970, IL
6,306
Population
3,071
Households
2.1
Avg Household Size
47
Median Age
13%
College-Educated
88%
High-School Grad
127.3 sq mi
ZIP Area
50
Density / Sq Mi
$48,456
Median Household Income
$32,342
Median Earnings
$816
Median Rent
$120,700
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?
Retail space - Three occupied retail properties leased to established dollar-store operators across Illinois, Kentucky, and Michigan.
Where is this retail space located?
The property is located at 400 W Walnut St Watseka, IL.
What are key features of this property?
This property features: Three‑property retail portfolio occupied by Dollar General and Family Dollar; 400 W Walnut St, Watseka, IL 60970; Dollar General lease expires 4/30/2026; 101 Highland Dr, Fulton, KY; Dollar General lease expires 1/31/2027
