Fairview Center
Market Price
6601 North Illinois Street, Fairview Heights, IL 62208
For Sale
Retail
Neighborhood Center
Active
Last Updated: 03/17/2025
1,665,538
NOI
85,603 sqft
Building Size
Details:
NOI: $1,665,538
Building Size: 85,603 sqft
Occupancy: 100%
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
Description:
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.
Documents:
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Fairview_Center_-_Flyer.pdf | ||
Fairview_Center_-_OM.pdf
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