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New Dollar General Market Store

811 S DIVISION ST Carterville, IL 62918

811 S DIVISION ST, Carterville, IL, 62918
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New construction Dollar General Market store in Carterville, Illinois.

Property Size10,566 SF
Price / SF$212.95
AddedMay 26
Days on Market52
Last RefreshJul 15 at 10:43 pm

Property Features for 811 S DIVISION ST

General Information

Standard status
Active
Size
10,566 SF
Property subtype
Retail

Building Details

Year Built
2026

Listing office The Boulder Group - Denver

Listing date May 26, 2026

Source Crexi

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 The Boulder Group - Denver


Investment Insights

Based on property information with market context.

This is a new construction Dollar General Market store located in Carterville, Illinois, within the Carbondale-Marion Metropolitan Statistical Area. The property has a size of 10566 square feet. This is a relocation store with strong demographics.

Key Highlights

  • Dollar General Market: Benefit from high‑traffic retail.
  • Relocation Store: Enjoy an established customer base from day one.
  • New Construction: Modern design and minimal upkeep.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $200.3k $18.96
− Vacancy −$8.4k −$0.80
EGI $191.9k $18.16
− OpEx −$48.0k −$4.54
NOI $143.9k $13.62
10,566 SF · lease $18.96/SF/yr · vacancy 4.20% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$2.06M
$1.80M – $2.40M (±1% cap)
NOI $143,938 @ 7.0% cap · market cap 6.40%
Second Best
Retail
$1.23M
$1.08M – $1.44M (±1% cap)
NOI $86,269 @ 7.0% cap · market cap 3.83%
Theoretical Best
Office A
$2.23M
$1.95M – $2.60M (±1% cap)
NOI $155,924 @ 7.0% cap · market cap 6.93%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Grocery and convenience stores

Suggested Use

Building Supply Auto Repair Shop Restaurant Spa & Massage Center Law Firm Hair Salon Auto Parts Store Dental Office HVAC Service Furniture & Home Goods

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Farm Fresh of Carterville — 209 N Division St, Carterville, IL 62918

FAQs

What type of property is this?
Grocery and convenience store - New construction Dollar General Market store in Carterville, Illinois.
Where is this grocery and convenience store located?
The property is located at 811 S DIVISION ST Carterville, IL.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Dollar General Market: Benefit from high‑traffic retail.; Relocation Store: Enjoy an established customer base from day one.; New Construction: Modern design and minimal upkeep.
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