630-954-7336
6601-6621 N Illinois St, Fairview Heights, IL for Sale
Department Store - FOR SALE
1/11
null | Request Cap Rate

6601-6621 N Illinois St
Fairview Heights, IL 62208


HIGHLIGHTS

  • STABLE INCOME STREAM | 8.35 YEAR WALT
  • PREMIER MARKET LOCATION | EXCELLENT ACCESS & VISIBILITY
  • RECENT LEASING ACTIVITY AND STRONG TENANT RETENTION
  • PROMINENT RETAIL MARKET
  • RECENT RENOVATIONS AND CAPITAL PROJECTS | MINIMAL FUTURE CAPITAL EXPENDITURES
  • BELOW MARKET OUTLOT TENANTS | VALUE ADD OPPORTUNITY

OVERVIEW

Mid-America Real Estate Corporation has been retained on behalf of the owner to sell the 100% fee simple interest in Fairview Center. The offering represents a rare opportunity to acquire a 100% leased regional center fully occupied by six national tenants. Strategically located in the heart of the most dominant regional trade area serving the eastern St. Louis suburbs, the property features a WALT of over 8 years.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fairview Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

381

LAND DETAILS

LAND ACRES

5.96 AC

LAND SF

259,618 SF

ZONING

Commercial

APN/PARCEL ID

03-28.0-206-001

ASK ABOUT THIS PROPERTY

Ben WinemanMid-America Real Estate Corp.More Info
630-954-7336

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Ben WinemanMid-America Real Estate Corp.More Info
630-954-7336

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.