Building Details

Year Built 2004

Units 1

Tenancy Single

Listing Agency: Exclusive Realty s***@exclusive-realty.com Show Phone

Listed By: Steve Sagmani · License #MI 6502426558

Source: Crexi

Added: Jul 1 Changed: Aug 8 Last Checked: Aug 9 at 1:43PM

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Investment Insights

Based on property information with market context.

This offering presents a Dollar General retail property with an NN lease structure. Under this model, the tenant assumes the majority of operating responsibilities, which can reduce landlord involvement in day-to-day property management.

The property is located at 401 North Mine Street in Sandoval, Illinois, in Marion County. Sandoval is described as a small community along U.S. Route 50, providing connectivity to nearby markets such as Salem, Centralia, and Vandalia.

Dollar General operates a discount retail format featuring groceries and household essentials, along with health and beauty products and seasonal merchandise. This configuration can fit investors or buyers seeking a single-tenant, specialty discount retail asset where the tenant’s operational role is emphasized through the NN lease structure.

Key Highlights

• Year built: 2004
• NNN leased discount retail (Dollar General) selling everyday essentials and seasonal merchandise
• NN lease structure places the majority of operating responsibilities on the tenant

Property Analytics

Property Profile

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

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

83

Businesses Nearby

19k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Casey's General Store Shops & Services

10,800 visits/mo 0.2 miles

Dollar General Shops & Services

4,329 visits/mo 0.2 miles

BP Shops & Services

4,157 visits/mo 0.2 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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Grocery and convenience store - NNN leased discount retail anchored by everyday essentials sales, with operating responsibilities largely on the tenant.

Where is this grocery and convenience store located?

The property is located at 401 North Mine Street Sandoval, IL.

What is the asking price?

The asking price for this property is $515,294.

What are key features of this property?

This property features: Year built: 2004; NNN leased discount retail (Dollar General) selling everyday essentials and seasonal merchandise; NN lease structure places the majority of operating responsibilities on the tenant