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Dollar General | 2301 James St

2301 James St, Lawrenceville, IL 62439
Available Now
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FOR SALERetail / Convenience Store + Grocery Store
Cap Rate
7.12%
NOI
$85,500
Building Size
11,928SF
APN
06-001-673-60
Lot Size
1.51Ac
Year Built
1998
Listing Contacts
Investment Sales Broker & Owner

More property details

Occupancy
100%
Tenancy
Multi Tenant
Currently Leased
No
Sale Type
Investment Sale
Building FAR
0.18
Property Class
C
No of Stories
1

Features & amenities

Unit Amenities
Air Conditioning
Natural Light
Onsite Parking
Security System

Location

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Dollar General | 2301 James St
About the location

We are pleased to present this established multi-tenant investment property, anchored by Dollar General, which has operated at this location since 1998, alongside a successful liquor store tenant. The 11,928-square-foot building is divided into 7,392 square feet for Dollar General and 4,536 square feet for the liquor store. Dollar General provides annual base rent of $43,500, while the liquor store contributes $42,000 annually. Additional income not included in the base rental totals includes $2,700 per year in CAM reimbursements from Dollar General, $96,000 annually from gambling machines inside the liquor store, and $4,800 per year from an on-site ATM. The liquor store reports approximately $600,000 in annual sales, and the offering includes an estimated $175,000 in inventory. When factoring in all revenue streams, total annual income reaches $184,200.

The property is located in Lawrenceville, the county seat of Lawrence County, and benefits from a strong retail corridor presence. It is situated directly across from Walmart and near banks, gas stations, McDonald's, a hospital, medical offices, city park, Parkview Junior High School, Lawrenceville High School, Ace Hardware, and surrounding residential neighborhoods. With traffic counts exceeding 3,200 vehicles per day, this property offers stable tenancy, multiple income streams, and strong local market fundamentals.

Dollar General | 2301 James St
11,928 SF · retail · United States · IL