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Dominant Shopping Center Space Available
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1161 W Broadway, Centralia, IL

Retail and outparcel opportunities in revitalized Centralia shopping center.

Space Size1,750 SF
Lot Size35.27 Acres
Days on Market370

Property Features for 1161 W Broadway

General Information

Standard status Active
Size 1,750 SF
Lot size 35.27 Acres
Property subtype RETAIL

Spaces For Lease

at 1161 W Broadway
1161 W Broadway AVAILABLE, Now
Floor Bldg
Size 1,750 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Fairview Park Plaza is a dominant shopping center located in Centralia, IL. - This 272,000 square foot shopping center is being revitalized and boasts a diverse national and regional tenant mix across retail, services and dining. - It has the benefit of being anchored by a Schnucks Grocery Store, ensuring consistent foot traffic. - The success of re-tenanting is now exemplified by the recent lease signing of New Ollie’s Bargain Outlet. - Additional tenants driving traffic to the site includeBurke’s Outlet,Rent-A-Center,Firestone,Shoe Sensation,Maurices,Hibbett Sports, andSonic Drive-In. - There are multipleavailable unitsranging from small shop spaces to large anchor opportunities. There are also Outparcel opportunitieswith high visibility along IL State Highway 161. - There is ample parkingwith nearly 2,000 spaces and strong traffic counts -±12,850 VPD. - Centralia is astrategically located cityin south-central Illinois, offering access to major transportation corridors including Interstates 57 & 64, U.S. Route 50, and three rail lines. It has proximity to St. Louis(approx. 60 miles), enhancing regional connectivity. - Centralia has a diverse economywith strengths inmanufacturing, healthcare, retail, anddistribution. - There is a Growing entrepreneurial cultureand downtown revitalization attracting new investment and tourism. - The City has an affordable livingand a skilled workforce supported by institutions likeKaskaskia College.
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Listing Agency: Colliers | Chicago Rosemont
Listed By: Peter Block · License #471002226
Source: Moodyscre
Added: Oct 10, 2025 Changed: Oct 2 Last Checked: Oct 12 at 10:44PM

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 Colliers | Chicago Rosemont

Investment Insights

Based on property information with market context.

Fairview Park Plaza is a dominant shopping center located in Centralia, IL. This shopping center spans 272,000 square feet and is currently undergoing revitalization, featuring a diverse mix of national and regional tenants across retail, services, and dining. Anchored by a Schnucks Grocery Store, the center benefits from consistent foot traffic. The recent lease signing of Ollie’s Bargain Outlet exemplifies successful re-tenanting. Other tenants driving traffic include Burke’s Outlet, Rent-A-Center, Firestone, Shoe Sensation, Maurices, Hibbett Sports, and Sonic Drive-In. Multiple units are available, ranging from small shop spaces to large anchor opportunities. Outparcel opportunities with high visibility are also available along IL State Highway 161. The property includes ample parking with nearly 2,000 spaces and strong traffic counts of approximately 12,850 vehicles per day. Centralia is strategically located in south-central Illinois, offering access to major transportation corridors including Interstates 57 & 64, U.S. Route 50, and three rail lines. It is approximately 60 miles from St. Louis, enhancing regional connectivity. Centralia has a diverse economy with strengths in manufacturing, healthcare, retail, and distribution, along with a growing entrepreneurial culture and downtown revitalization attracting new investment and tourism. The City offers affordable living and a skilled workforce supported by institutions like Kaskaskia College. Available spaces start at 1750 square feet.

Key Highlights

  • Anchored by Schnucks Grocery Store, ensuring consistent foot traffic.
  • Diverse national and regional tenant mix across retail, services, and dining.
  • High visibility outparcel opportunities along IL State Highway 161.

Property Analytics

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Current Use

Shopping centers

Suggested Use

Top Pick Big Box & Wholesale Store Real Estate Agency Bakery Kitchen & Bath Showroom Dental Office HVAC Service

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

Location Intelligence

Trade Area within ½ mile

409
Businesses Nearby
Under-served
Demand for This Use
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Shopping center - Retail and outparcel opportunities in revitalized Centralia shopping center.
Where is this shopping center located?
The property is located at 1161 W Broadway Centralia, IL.
What are key features of this property?
This property features: Anchored by Schnucks Grocery Store, ensuring consistent foot traffic.; Diverse national and regional tenant mix across retail, services, and dining.; High visibility outparcel opportunities along IL State Highway 161.
(312) 343-1800 Call to check price and availability
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