503 S 7Th St Wyoming IL Wyoming, IL 61491
For Sale
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This exceptional investment opportunity presents a brand-new, 10,500 square foot Dollar Tree/Family Dollar dual-concept store located in Wyoming, Illinois, within the Peoria MSA. Built in 2023, this property boasts upgraded construction featuring EIFS and stone, situated on a 1.595-acre lot at a hard corner location along Illinois Route 91. Benefiting from a long-term lease with approximately 9.3 years remaining, this investment offers a strong 8.05% cap rate and substantial NOI. The tenant, a credit-rated, investment-grade company, provides exceptional security. The property strategically out-positions a nearby competitor and enjoys proximity to a popular state park. Four 5-year lease options with $.50/SF rent bumps ensure future income growth. This is a compelling opportunity for a 1031 exchange.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.