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Office/Retail Building Near I-64

104 Regency Park, O Fallon, IL 62269

For Lease
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Office/retail building near I-64 and St. Elizabeth’s hospital.

Space Size2,750 SF
Days on Market1204

Property Features for 104 Regency Park

General Information

Standard status Active
Size 2,750 SF
Property subtype OFFICE
Lease Type NNN

Spaces For Lease

at 104 Regency Park
2,750 SF Office/Retail/Bank $5,200/Mo
Floor Bldg
Size 2,750 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
Formerly operated as a full-service bank, this 2,750 SF commercial building offers a versatile opportunity for retail, restaurant, office, medical, or financial service users. Located in a highly visible and easily accessible area, the property features valuable existing improvements that can reduce build-out costs and speed up occupancy. The building includes three drive-thru lanes, a dedicated ATM lane, four private offices, four teller stations, an existing vault for secure storage or specialty use, and a functional layout designed to support both customer-facing and back-office operations. With excellent visibility, convenient access, and existing drive-thru infrastructure, the property is well-suited for a retail storefront, quick-service or fast-casual restaurant, professional or medical office, regional or community bank, or any service-based business seeking drive-thru capability. Combining turnkey banking infrastructure with flexible redevelopment potential, 104 Regency Dr. presents a unique, high-value commercial opportunity. 104 Regency Dr. is located in the heart of O’Fallon’s office and retail corridor along Hwy 50, offering excellent visibility and easy access for customer-facing businesses. Just ½ mile from I-64 (Exit 14), the property provides convenient regional access for employees and customers. Only ⅛ mile from St. Elizabeth’s Hospital, the site benefits from a strong daytime population and steady traffic generated by nearby medical offices, professional services, retail, and restaurants. Its central location and strong surrounding amenities make it an excellent fit for retail, restaurant, office, or financial service users looking for convenience, visibility, and a well-established commercial setting.
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Listing Agency: BARBERMurphy
Listed By: John L Eichenlaub · License IL #471004100
Source: Moodyscre
Added: Jul 25, 2023 Changed: Nov 9 Last Checked: Nov 8 at 6:28AM

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 BARBERMurphy

Rey
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Investment Insights

Based on property information with market context.

This office/retail building presents an opportunity for retail, restaurant, office, or regional bank use. It is located approximately 1/8 of a mile from both I-64 and St. Elizabeth’s Hospital. The building features 4 private offices, an existing vault, 4 teller stations, and 3 drive-thru lanes, along with an additional ATM drive-thru lane. Situated approximately 1/2 mile off I-64 (exit 14), the property is located in the Office/Retail Hub of Hwy 50 in O’Fallon.

Key Highlights

  • Excellent location just 1/8 mile from I‑64 and St. Elizabeth’s Hospital.
  • Suitable for retail, restaurant, office, or regional bank use.
  • Features 3 drive‑thru lanes plus an ATM drive‑thru lane.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

First National Bank ... Bank Spectrum's Store Corporate Office

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Electrical Service Daycare Center Carpet & Flooring Store (Bike/Boat/Book/etc) Store

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

NNN (Triple Net)
Lease Type
$3.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

821
Businesses Nearby

Demographics for 62269, IL

36,068
Population
14,616
Households
2.5
Avg Household Size
38
Median Age
51%
College-Educated
97%
High-School Grad
29.8 sq mi
ZIP Area
1,210
Density / Sq Mi
$100,167
Median Household Income
$58,724
Median Earnings
$1,258
Median Rent
$274,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for O Fallon, IL

$14.5 /SF/Yr
Avg Asking Price
$14–$15 /SF/Yr
Price Range
14,913 SF
Avg Space Size

This space is priced 56% above the average of $14.5 /SF/Yr.

Properties on Market for Retail properties & Spaces in St. Clair County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Retail property - Office/retail building near I-64 and St. Elizabeth’s hospital.
Where is this retail property located?
The property is located at 104 Regency Park O Fallon, IL.
What is the lease rate?
The lease rate is $5,200/Mo.
What are key features of this property?
This property features: Excellent location just 1/8 mile from I‑64 and St. Elizabeth’s Hospital.; Suitable for retail, restaurant, office, or regional bank use.; Features **3 drive‑thru lanes plus an ATM drive‑thru lane**.
(618) 277-4400 · Office Call to check price and availability
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