Map of Property

Servicer Sale: Value-Add St. Louis Shopping Center

For Sale

1-26 Plaza Drive, Fairview Heights, IL 62208

This Fairview Heights property for sale is located at 1-26 Plaza Drive. Contact the listing broker for details on the current sale price for Servicer Sale: Value-Add St. Louis Shopping Center. Servicer Sale: Value-Add St. Louis Shopping Center is situated on a lot that is 19.09 acre in size.

Contacts

broker
Doug Clark

RealINSIGHT Marketplace

Property Details

  • Property Type Retail
  • Property Size 210,489 SF
  • Lot Size 19.09 Acre
  • Year Built 1987
  • Date Updated Jan 20, 2025

Proven Past Performance & Substantial Upside - Marketplace Shopping Center has a long history of success with occupancy and NOI averaging 82% and $1,009,489 respectively over the last 7-Years (2017 – 2024 excluding 2022 which is not in our possession). Currently at a historic low, incoming investors can substantially enhance In-Place NOI by leasing up 110,182 SF of vacant space thereby increasing In-Place NOI from $534,280 to $1,631,060 an approximate 300% increase.

Rare Infill Redevelopment Opportunity - Marketplace Shopping Center provides a rare redevelopment opportunity of a highly infill large contiguous property located in a top regional trade area. It features strong locational attributes, existing revenue through proven/tenured national retailers and the availability of public incentives.

Motivated Municipality with Public Incentives - Marketplace SC is in a vibrant pro-business environment. The property currently sits within a TIF District & Enterprise Zone with a municipality that is motivated to participate in the redevelopment of the property.

Auctioneer: Scott Bowers

Auctioneer License: 040000273

 

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Getting around

  • 43/100

    Walk Score ®

  • 32/100

    Transit Score ®

  • 41/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Fairview Heights, IL
  • Neighborhood Fairview Heights
  • Zip Code 62208
  • Market St Louis

Points of Interest

  • Moto Mart

    1.37 miles

  • Hucks

    1.89 miles

  • Sam's Club

    2.27 miles

  • Shell

    2.91 miles

  • Circle K

    3.25 miles

  • Handi Mart

    3.42 miles

  • Zephyr Express

    3.46 miles

  • Motomart

    3.82 miles

  • BP

    3.93 miles

  • Hardee's Parking

    2.38 miles

  • Garden Ridge Parking

    2.78 miles

  • OTHS Parking

    4.92 miles

  • OTHS Faculty Parking

    4.96 miles

  • OTHS Weber Field Parking

    5.12 miles

  • O'Fallon Park and Ride

    6.40 miles

  • Metro Link Long Term Parking

    6.86 miles

  • Madison County Transit - Park and Ride

    8.42 miles

  • Semi-Truck Parking Lot

    9.88 miles

  • Red Lobster

    0.22 miles

  • Augustino's

    0.24 miles

  • Joe's Crab Shack

    0.27 miles

  • White Castle

    0.28 miles

  • Rio Grande MX Cocina

    0.29 miles

  • Imo's

    0.29 miles

  • Arby's

    0.31 miles

  • Taco Bell

    0.32 miles

  • Imperial Dragon Chinese Buffet

    0.34 miles

  • Olive Garden

    0.34 miles

  • Burlington

    0.01 miles

  • Fresh Thyme

    0.30 miles

  • Gordmans

    0.34 miles

  • American Freight

    0.35 miles

  • Macy's

    0.54 miles

  • Saint Clair Square Mall

    0.59 miles

  • JCPenney

    0.62 miles

  • Kohl's

    0.62 miles

  • Dillard's

    0.69 miles

  • Ross

    0.72 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Doug Clark

RealINSIGHT Marketplace

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