726 Main St Staunton, IL 62088-1529
Property profile & analytics
726 Main St, Staunton, IL 62088-1529
- Commercial real estate
- 1.07 lot acres
Property ID
US28-3212322
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- FedEx OnSite / Postal Service / Courier Service
- Dollar General / Discount Store
- Western Union / Bank / Credit Union
Property Details for 726 Main St
- Lot size
- 1.07 lot acres
- Property type
- Commercial real estate
- APN
- 01-000-670-00
- APU
- 100067000
Description
This exceptional investment opportunity presents a fee-simple ownership of a 9,014 square foot Dollar General store located at 726 E Main St, Staunton, IL 62088. The property sits on a 1.07-acre lot in a prime location, boasting frontage on Main Street, Staunton's primary thoroughfare, and is conveniently situated less than a mile from two of Staunton's top five employers. The building, constructed in 2009, is a single-story Class B retail storefront with a 100% occupancy rate. The current tenant, Dollar General, holds a 20-year net lease (NN) with a remaining term of approximately 4.4 years. The lease includes three five-year options with a 10% rent increase at each option. The current annual net operating income (NOI) is $75,600, resulting in a compelling 7.80% capitalization rate. Recent improvements include two brand-new 10-ton HVAC units installed in August 2024, representing a $32,000 investment by the seller. The property benefits from its proximity to I-55 (31,500 vehicles per day), providing easy access to St. Louis, MO, a metropolitan area with a population of 2.8 million. Dollar General, a publicly traded company (NYSE: DG) with a BBB credit rating from S&P, achieved $38.69 billion in revenue in 2023. This store is a strong performer, ranking in the 88th percentile within a 10-mile radius. The asking price is $969,000, translating to $107.50 per square foot. This is a rare opportunity to acquire a well-performing, investment-grade retail property with a strong tenant and significant upside potential.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $890,000
- ML approach
- $955,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Staunton
- County
- Macoupin
- State
- Illinois
- Longitude
- -89.7788
- Latitude
- 39.0137
- CBSA code
- 41180
- CBSA name
- ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$9,368
$15,112
$137,404
$152,516
-
$45,336
$412,212
$457,548
