Discount
Dollar General | Near $500M 720 AC. Mixed Use Development
100 Flooring Ct, Herrin, IL 62948
Listing Price: $1,846,000
Investment Overview
LESS THAN 4 MILES FROM A $500M 720-ACRE MIXED-USE DEVELOPMENT
• The STAR Bond Development is less than 5 miles from this Dollar General and sits at the intersection of I-57 and Route 13 in Marion, IL, encompassing approximately 720 acres.
• The first phase of the development of the former Illinois Centre Mall to include a driving range, 18-hole semiprofessional putt-putt course, a large indoor/outdoor pickleball complex and new hotel with an expected completion of Summer 2026.
• The development will be anchored by Oasis Outdoors (350,000 SF), a 220-acre sports complex, and over 450,000
SF of retail featuring Chick-fil-A, Chipotle, Olive Garden, and more.
• The STAR Bond District blends retail, entertainment, sports, and hospitality, positioning Marion as a premier regional destination and economic driver for Southern Illinois.
15 YEAR CORPORATE NNN LEASE WITH RENT INCREASES IN INITIAL TERM
• The subject property has a new corporate guaranteed NNN lease with 5% rent increases every 5 years.
• Tenant is 100% responsible for all expenses, including parking lot, taxes, insurance, roof, and structure.
• There are 5% rent increases in each of the five, 5-year option periods.
• This Dollar General is under construction and rent commences in July 2025.
NEAR INTERSTATE 57 (41,300 VPD)
• The subject property is less than 10 minutes from Interstate 57 (41,300 VPD).
• Interstate 57 is a major interstate connecting Southern Illinois to Chicago.
• New retail development at this exit location includes Chipotle, Chick-fil-A, Raising Cane’s, Smoothie King, Dunkin’ Donuts, Take 5 Oil Change and 7 Brew.
MARION, IL | ECONOMIC HUB OF SOUTHERN ILLINOIS
• Marion, the largest city in Williamson County, serves as a key economic and retail hub in Southern Illinois, located at the crossroads of I-57 and Illinois Route 13.
• Positioned just 20 minutes east of Carbondale and 1 hour southeast of St. Louis, Marion offers strong regional connectivity and access to major transportation routes.
• The city is home to several major employers including Aisin Manufacturing Illinois, Pepsi MidAmerica, Heartland Regional Medical Center, and the VA Medical Center.
• Marion also serves as a regional shopping and services center, especially with the new Mixed-Use Development, robust healthcare and logistics sectors.
• With its proximity to Southern Illinois University (11,790 students) in nearby Carbondale and John A. Logan College (3,328 students) in Carterville, the region benefits from a skilled labor force and access to higher education.
INVESTMENT GRADE TENANT (S&P: BBB) WITH 21,000 LOCATIONS
• Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment grade credit rating of BBB.
• Currently over 21,000 locations and plans to open 750 stores in 2025.
• Dollar General has been in business for 80 years and has a current net worth of over $18.16B.
Investment Highlights
- Less Than 4 Miles From A $500M 720-Acre Mixed Use Development
- 15 Year Corporate NNN Lease With Rent Increases In Initial Term
- Near Interstate 57 (41,300 VPD)
- Marion, IL | Economic Hub Of Southern Illinois
- Investment Grade Tenant (S&P: BBB) With 21,000 Locations
Exclusively Listed By
Broker of Record
-
Steven D. Weinstock
Senior Vice President/Regional Manager
Financing By
Discount
Dollar General | Near $500M 720 AC. Mixed Use Development
Listing Price: $1,846,000
Investment Highlights
- Less Than 4 Miles From A $500M 720-Acre Mixed Use Development
- 15 Year Corporate NNN Lease With Rent Increases In Initial Term
- Near Interstate 57 (41,300 VPD)
- Marion, IL | Economic Hub Of Southern Illinois
- Investment Grade Tenant (S&P: BBB) With 21,000 Locations
Investment Overview
LESS THAN 4 MILES FROM A $500M 720-ACRE MIXED-USE DEVELOPMENT • The STAR Bond Development is less than 5 miles from this Dollar General and sits at the intersection of I-57 and Route 13 in Marion, IL, encompassing approximately 720 acres. • The first phase of the development of the former Illinois Centre Mall to include a driving range, 18-hole semiprofessional putt-putt course, a large indoor/outdoor pickleball complex and new hotel with an expected completion of Summer 2026. • The development will be anchored by Oasis Outdoors (350,000 SF), a 220-acre sports complex, and over 450,000 SF of retail featuring Chick-fil-A, Chipotle, Olive Garden, and more. • The STAR Bond District blends retail, entertainment, sports, and hospitality, positioning Marion as a premier regional destination and economic driver for Southern Illinois. 15 YEAR CORPORATE NNN LEASE WITH RENT INCREASES IN INITIAL TERM • The subject property has a new corporate guaranteed NNN lease with 5% rent increases every 5 years. • Tenant is 100% responsible for all expenses, including parking lot, taxes, insurance, roof, and structure. • There are 5% rent increases in each of the five, 5-year option periods. • This Dollar General is under construction and rent commences in July 2025. NEAR INTERSTATE 57 (41,300 VPD) • The subject property is less than 10 minutes from Interstate 57 (41,300 VPD). • Interstate 57 is a major interstate connecting Southern Illinois to Chicago. • New retail development at this exit location includes Chipotle, Chick-fil-A, Raising Cane’s, Smoothie King, Dunkin’ Donuts, Take 5 Oil Change and 7 Brew. MARION, IL | ECONOMIC HUB OF SOUTHERN ILLINOIS • Marion, the largest city in Williamson County, serves as a key economic and retail hub in Southern Illinois, located at the crossroads of I-57 and Illinois Route 13. • Positioned just 20 minutes east of Carbondale and 1 hour southeast of St. Louis, Marion offers strong regional connectivity and access to major transportation routes. • The city is home to several major employers including Aisin Manufacturing Illinois, Pepsi MidAmerica, Heartland Regional Medical Center, and the VA Medical Center. • Marion also serves as a regional shopping and services center, especially with the new Mixed-Use Development, robust healthcare and logistics sectors. • With its proximity to Southern Illinois University (11,790 students) in nearby Carbondale and John A. Logan College (3,328 students) in Carterville, the region benefits from a skilled labor force and access to higher education. INVESTMENT GRADE TENANT (S&P: BBB) WITH 21,000 LOCATIONS • Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment grade credit rating of BBB. • Currently over 21,000 locations and plans to open 750 stores in 2025. • Dollar General has been in business for 80 years and has a current net worth of over $18.16B.
Exclusively Listed By
Broker of Record
-
Steven D. Weinstock
Senior Vice President/Regional Manager
Financing By

