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Fairview Center

$20,350,000

6601 North Illinois Street, East St. Louis, IL 62208

Active
Last Updated: 02/06/2026

8

Cap Rate

1,627,600

NOI

Details:
Cap Rate:    8%
NOI:    $1,627,600
Building Size:    85,603 sqft
Occupancy:    100%
Year Built:    1970
Year Last Renovated:    2025
Highlights:
  • STABLE INCOME STREAM | 7.60 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 7 years.

Map:
Documents:
Title
Fairview_Center_-_Flyer.pdf
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Fairview_Center_-_OM.pdf
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Location
Gallery