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Dollar General Grocery Store
For Lease
$515,294

401 N Mine St, Sandoval, IL 62882

NN lease structure supports a necessity-oriented retail operation serving a small Illinois community.

Space SizeContact for details
Property Size8,125 SF
Days on Market58

Property Features for 401 N Mine St

General Information

Standard status Active
Size 8,125 SF
Property subtype Retail
Net Operating Income $43,800

Building Details

Building Size 8,125 SF
Year Built 2004
Listing Agency: Exclusive Realty
Listed By: Steve Sagmani · License #6502426558
Source: Exclusive-realty
Added: Jul 4 Changed: Aug 30 Last Checked: Aug 30 at 6:39AM

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 Exclusive Realty

Investment Insights

Based on property information with market context.

This grocery and convenience store property is occupied by Dollar General and was built in 2004. The asset is associated with an NN lease structure, which limits the landlord’s ongoing responsibilities compared with more management-intensive retail arrangements.

The property is located at 401 N Mine St in Sandoval, Illinois, within Marion County and along U.S. Route 50. Sandoval serves local residents and travelers moving through the area, with nearby agricultural activity and connections to Salem, Centralia, and Vandalia. The surrounding market has limited retail options, positioning the store within a community-oriented trade area.

Key Highlights

  • Dollar General grocery and convenience store property
  • Built in 2004
  • NN lease structure with limited landlord responsibilities

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Building Supply Auto Parts Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Barber Shop Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

80
Businesses Nearby
19k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Casey's General Store Shops & Services
10,800 visits/mo 0.1 miles
Dollar General Shops & Services
4,329 visits/mo 0.1 miles
BP Shops & Services
4,157 visits/mo 0.1 miles

Demographics for 62882, IL

2,215
Population
986
Households
2.2
Avg Household Size
39
Median Age
8%
College-Educated
77%
High-School Grad
31.5 sq mi
ZIP Area
70
Density / Sq Mi
$53,067
Median Household Income
$30,982
Median Earnings
$652
Median Rent
$85,800
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
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - NN lease structure supports a necessity-oriented retail operation serving a small Illinois community.
Where is this grocery and convenience store located?
The property is located at 401 N Mine St Sandoval, IL.
What is the lease rate?
The lease rate is $515,294.
What are key features of this property?
This property features: Dollar General grocery and convenience store property; Built in 2004; NN lease structure with limited landlord responsibilities
More about this property
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