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Retail-Office Suite
For Lease
$13 SF/Yr NNN

235 E Center Drive, Alton, IL 62002

COMMERCIAL - Alton, IL

Space Size3,425 SF
Lot Size2.12 Acres
Days on Market122

Property Features for 235 E Center Drive

General Information

Property type Commercial Lease
Property subtype Retail
Parking features Parking Lot
Directions Homer Adams Parkway to Alton Square Mall Drive to E. Center Drive
Standard status Active
APN 23-1-01-36-17-301-006
Lot size 2.12 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 24169

Utilities

Heating system Natural Gas, Forced Air
Cooling system Central Air, Electric
Water source Public

Amenities

reception area
handicap bathrooms
office space
conference rooms
storage area

Building Details

Number of units 5
Building materials Brick, Glass
Roof type Rubber
Listing Agency: Coldwell Banker Brown Realtors · Coldwell Banker Real Estate
Listed By: Rick Lauschke · License #471000992
Added: Apr 29 Changed: Aug 4 Last Checked: Aug 28 at 9:06PM
MLS# 26024675

Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This retail-office suite was previously used as a professional office and is ready for immediate occupancy. The interior includes a reception area, office space, conference rooms, and storage. There are also two handicap-accessible bathrooms.

The suite is located adjacent to Homer Adams Parkway and Alton Square Mall. The space benefits from high traffic and visibility across from the mall.

For ongoing expenses, the lease is structured as NNN, with the tenant responsible for their pro rata share of real estate taxes, common area maintenance, insurance, and utilities.

Key Highlights

  • ~3,425 SF retail/office suite available for immediate occupancy; prior use was professional office
  • Reception area plus office space, conference rooms, and storage area
  • Includes 2 handicap bathrooms

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom Electrical Service Storage Facility (Bike/Boat/Book/etc) Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

462
Businesses Nearby
300k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 36% Superstores 21% Home Improvements & Furnishings 19% Apparel 14%
Target Superstores
62,425 visits/mo 0.2 miles
JCPenney Apparel
39,710 visits/mo 0.2 miles
Lowe's Home Improvements & Furnishings
28,785 visits/mo 0.5 miles
The Home Depot Home Improvements & Furnishings
25,666 visits/mo 0.4 miles
Taco Bell Dining
15,589 visits/mo 0.5 miles

Demographics for 62002, IL

30,176
Population
14,832
Households
2
Avg Household Size
41
Median Age
24%
College-Educated
92%
High-School Grad
41.3 sq mi
ZIP Area
731
Density / Sq Mi
$57,851
Median Household Income
$38,120
Median Earnings
$941
Median Rent
$114,300
Median Home Value

Market

Lease Benchmarks for Alton, IL

$13 /SF/Yr
Avg Asking Price
$13–$13 /SF/Yr
Price Range
6,157 SF
Avg Space Size

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail-office suite with reception, offices, conference space, and storage, available for immediate occupancy.
Where is this retail space located?
The property is located at 235 E Center Drive Alton, IL.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: ~3,425 SF retail/office suite available for immediate occupancy; prior use was professional office; Reception area plus office space, conference rooms, and storage area; Includes 2 handicap bathrooms
More about this property
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