Walmart-Anchored Shopping
For Sale
Contact for pricing
Pending
1011 Commerce Dr, Fairfield, IL 62837
Multi-tenant retail centers include national and local occupants with immediate access to U.S. Route 45.
Property Size17,465 SF
Lot Size2.21 Acres
Days on Market143
Property Features for 1011 Commerce Dr
General Information
Standard status
Pending
Size
17,465 SF
Lot size
2.21 Acres
Property subtype
Retail
Additional Details
Highway Access
Yes
Building Details
Buildings
2
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Issenberg Britti Group
(317) 218-5329
Listed By:
Gabriel Britti · License #FL SL3211804
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Apr 10 at 10:26PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Issenberg Britti Group
Investment Insights
Based on property information with market context.
The offering comprises two multi-tenant retail centers totaling 17,465 square feet on 2.21 acres. The improvements include an 8,905-square-foot, six-tenant strip and an 8,560-square-foot, three-tenant strip. Occupants include Verizon, ATI Physical Therapy, Maurices, Belton Hearing Aids, La Fuente Mexican Restaurant, and Panda Buffet. Most leases are structured on a triple-net basis, with tenants reimbursing their pro rata share of expenses.
The centers are positioned in front of the only Walmart in Fairfield and across from Frontier Community College. Fairfield Memorial Hospital and the Wayne County Fairgrounds are also across the street to the east, near McDonald’s, Dairy Queen, and Pizza Hut. Dollar General, CVS, and Subway are among the other nearby national retailers. The property has immediate access to U.S. Route 45, while Fairfield Municipal Airport is less than a quarter mile west. Current occupancy surpasses 93 percent.
The centers are positioned in front of the only Walmart in Fairfield and across from Frontier Community College. Fairfield Memorial Hospital and the Wayne County Fairgrounds are also across the street to the east, near McDonald’s, Dairy Queen, and Pizza Hut. Dollar General, CVS, and Subway are among the other nearby national retailers. The property has immediate access to U.S. Route 45, while Fairfield Municipal Airport is less than a quarter mile west. Current occupancy surpasses 93 percent.
Key Highlights
- Two multi‑tenant retail centers total 17,465 square feet on 2.21 acres
- 8,905‑square‑foot six‑tenant strip and 8,560‑square‑foot three‑tenant strip
- Current occupancy surpasses 93 percent
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
35
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 62837, IL
8,467
Population
4,157
Households
2
Avg Household Size
45
Median Age
15%
College-Educated
91%
High-School Grad
163.9 sq mi
ZIP Area
52
Density / Sq Mi
$46,646
Median Household Income
$39,299
Median Earnings
$584
Median Rent
$105,400
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Multi-tenant retail centers include national and local occupants with immediate access to U.S. Route 45.
Where is this shopping center located?
The property is located at 1011 Commerce Dr Fairfield, IL.
What are key features of this property?
This property features: Two multi‑tenant retail centers total 17,465 square feet on 2.21 acres; 8,905‑square‑foot six‑tenant strip and 8,560‑square‑foot three‑tenant strip; Current occupancy surpasses 93 percent
