Search
Retail Space For Sale
For Sale
Contact for pricing

709 North Ct, Grayville, IL 62844

Retail space available with healthy rent and high cap.

Property Size12,000 SF
Price / SF$72.42
Days on Market154

Property Features for 709 North Ct

General Information

Standard status Active
Size 12,000 SF
Property subtype Retail
Listing Agency: Fortis Net Lease
Listed By: Bryan Bender · License #MI 6501319610
Source: Crexi
Added: Feb 26 Changed: Jul 6 Last Checked: Jul 28 at 2:54PM

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 Fortis Net Lease

Investment Insights

Based on property information with market context.

This retail space, comprising 12,000 square feet, is available for sale. The property features a capitalization rate of 9.21% and generates healthy rental income per square foot. The property is suitable for plus size format retail.

Key Highlights

  • 9.21% CAP Rate offers a strong return on investment.
  • Plus Size Format provides ample space.
  • Healthy Rent/$P‑ft indicates good rental income potential.

Property Analytics

Current Use

Family Dollar Discount Store

Suggested Use

Top Pick Building Supply Parking Lot & Garage Dental Office HVAC Service Electrical Service Law Firm

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

Location Intelligence

Trade Area within ½ mile

129
Businesses Nearby
5k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
4,825 visits/mo 0.2 miles

Demographics for 62844, IL

1,930
Population
936
Households
2.1
Avg Household Size
48
Median Age
13%
College-Educated
88%
High-School Grad
46.8 sq mi
ZIP Area
41
Density / Sq Mi
$49,659
Median Household Income
$33,663
Median Earnings
$646
Median Rent
$81,900
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Retail space available with healthy rent and high cap.
Where is this retail space located?
The property is located at 709 North Ct Grayville, IL.
What is the asking price?
The asking price for this property is $869,000.
What are key features of this property?
This property features: 9.21% CAP Rate offers a strong return on investment.; Plus Size Format provides ample space.; Healthy Rent/$P‑ft indicates good rental income potential.
(248) 419-3810 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message