The Boulder Group has completed the sale of a brand-new construction Dollar General Market property located at 811 South Division Street in Carterville, IL for $2,250,000. The Boulder Group’s Zach Wright & Brandon Wright represented the seller in the transaction, a repeat client and Midwest-based real estate development company. The purchaser was a private real estate investor based in the Northeast.

The property sold for the full asking price shortly following rent commencement and the store’s opening. This Dollar General Market property was a relocation of a successful nearby Dollar General store. The brand-new construction Dollar General Market property is strategically located along South Division Street (9,700 VPD) and just north of Route 13 (24,000 VPD). The surrounding area is densely populated with over 23,000 people living within five miles and Carterville is part of the larger Carbondale-Marion MSA, which has a population of over 120,00 people.

The new 15-year Dollar General lease features rental increases every five years and zero landlord responsibilities. Dollar General is the leading discount retailer with over 20,000 locations and is an investment grade-rated company (S&P: BBB). Dollar General is planning to open 450+ new stores in 2026 and continues to experience same-store sales growth.

“Relocation Dollar General Market properties are rare and the most sought-after investments in the dollar store sector. They combine a proven operating history and established customer base with Dollar General’s larger-format concept and expanded grocery offering. These fundamentals continue to drive strong investor demand and premium pricing,” stated Zach Wright, Vice President.

“Well-located Dollar General and Dollar General Market properties in strong secondary markets, such as the Carbondale-Marion MSA, continue to be highly sought after by net lease investors. Strong demand for these properties continues to drive aggressive pricing,” added Brandon Wright, Associate.

About The Boulder Group

The Boulder Group is a boutique investment real estate service firm specializing in single tenant net lease properties. The firm provides a full range of brokerage, advisory, and financing services nationwide to a substantial and diversified client base, which includes high-net-worth individuals, developers, REITs, partnerships and institutional investment funds. Founded in 1997, the firm has arranged the acquisition and disposition of over $11 billion of single tenant net lease real estate transactions. From 2015-2025, the firm was ranked in the top 10 companies in the nation for single tenant retail transactions by both MSCI Real Capital Analytics and CoStar. The Boulder Group is headquartered in suburban Chicago and has an office in Denver.

For additional information, please visit www.BoulderGroup.com

PR Contact

Zach Wright 720-604-2220

Zach@BoulderGroup.com

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