Dollar General

401 N Mine St, Sandoval, IL 62882

Property Information

  • For Sale $515,294
  • Property Type Retail - Street Retail
  • Property Size 8,125 SF
  • Lot Size 0.58 Acre
  • Property Tenancy Single Tenant
  • Year Built 2004
  • Date Updated Jul 3, 2026

Description

Sandoval, Illinois is a small, community-focused village with qualities that make it appealing for targeted retail investment, particularly in neighborhood-serving and convenience offerings. Located in Marion County with around 1,157 residents, Sandoval functions as a local residential and service center with a workforce that includes retail trade and manufacturing, helping sustain consumer demand for everyday goods and services. The village’s cost of living is about 22 % below the national average and housing costs are significantly lower than typical U.S. markets, which increases local disposable income and reduces barriers for new retail customers. Sandoval’s small-town atmosphere and strong sense of community contribute to a loyal customer base that favors local businesses, and existing annual events like the Homecoming Street Fair draw additional foot traffic and retail engagement. From an investment perspective, Sandoval’s strategic initiatives and available commercial properties provide promising opportunities for growth and diversification. The Village has established Tax Increment Financing (TIF) districts to attract and support new business development, offering tools to encourage redevelopment and enhance infrastructure in commercial areas. Several retail buildings—such as former restaurant space on Mine Street with strong visibility at the intersection of US-50 and State Route 51—illustrate real opportunities for adaptive reuse in retail, dining, or service sectors, and local leadership has signaled openness to new tenants that fulfill community needs. Sandoval’s proximity to larger regional markets like Centralia and access via major highways brings added trade area potential beyond the village’s core population, giving retail investors the ability to capture both resident spending and pass-through traffic.Exclusive Realty is pleased to present a NN Dollar General investment opportunity for sale in Sandoval, Illinois. Located in Marion County, Sandoval is a small, stable community positioned along U.S. Route 50, providing convenient connectivity to nearby markets such as Salem, Centralia, and Vandalia. The area is supported by surrounding agricultural activity and a consistent local population, with limited retail options, making Dollar General a key provider of everyday goods for residents and commuters traveling through the region. Dollar General is a nationally recognized discount retailer offering groceries, household essentials, health and beauty products, and seasonal merchandise. The NN lease structure places the majority of operating responsibilities on the tenant, reducing landlord obligations while still providing dependable cash flow. Dollar General’s proven performance in rural and small-town markets, combined with its essential retail focus, supports long-term tenant stability at this location.

Highlights

  • Limited nearby retail competition
  • Located in Sandoval, IL (Marion County)
  • Necessity-based national retailer
  • NN Dollar General investment; minimal Landlord Responsibility
  • Positioned along U.S. Route 50
  • Reduced landlord responsibilities under NN lease
  • Serves Sandoval and surrounding trade area
  • Strong brand recognition and rural market strategy

Contacts

Location

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