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Retail Strip Center
For Lease
$2,000/Mo

1219 E Cedar Street #6, New Baden, IL 62265

Flexible retail suites support custom configurations and combined space for a range of commercial businesses.

Space Size1,000 SF - 4,000 SF
Days on Market701

Property Features for 1219 E Cedar Street #6

General Information

Standard status Active
Size 1,000 SF - 4,000 SF
Net Rentable 1,000 SF
Lease Term 12 Months

Site & Location

Corner Location Yes
Anchor Co-Tenants State Farm Insurance

Additional Details

Available Space 1,000-4,000 SF

Taxes and HOA fees

Annual Taxes $1,288

Building Details

Building Size 1,000 SF
Year Built 2024
Buildings 1
Stories 1
Tenancy Multi
Listing Agency: Strano & Associates
Listed By: Jay Kehrer · License #475166243
Source: Exit2newbeginningz
Added: Sep 10, 2024 Changed: Aug 11 Last Checked: Aug 11 at 8:55AM

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 Strano & Associates

Investment Insights

Based on property information with market context.

Built in 2024, this retail center is arranged around individual 1,000-square-foot suites that can be combined for larger requirements. Units may be customized to suit the operating needs of each business. Unit 3 is rough-framed to the 1,000-square-foot layout, while Units 4 through 7 are currently open and can be combined. Unit 1 is configured as a triple unit and is occupied by a trade contractor business, and Unit 2 is leased to State Farm Insurance.

The property is located at 1219 E Cedar Street in New Baden, Illinois, with a corner position within the retail center. Across Cedar Street, the city has purchased land for a new Village Hall, Police Department, and Emergency Services facility.

Key Highlights

  • 2024‑built retail center with 1,000‑square‑foot suites
  • Units 4‑7 are currently open and can be combined
  • Unit 3 is rough‑framed to the 1,000‑square‑foot layout

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Dental Office Building Supply Real Estate Agency Restaurant Pharmacy Law Firm

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

134
Businesses Nearby

Demographics for 62265, IL

4,446
Population
1,879
Households
2.4
Avg Household Size
38
Median Age
25%
College-Educated
93%
High-School Grad
33.6 sq mi
ZIP Area
132
Density / Sq Mi
$88,097
Median Household Income
$50,896
Median Earnings
$1,158
Median Rent
$173,600
Median Home Value

Market

Lease Benchmarks for New Baden, IL

$24 /SF/Yr
Avg Asking Price
$24–$24 /SF/Yr
Price Range
1,000 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?
Strip mall - Flexible retail suites support custom configurations and combined space for a range of commercial businesses.
Where is this strip mall located?
The property is located at 1219 E Cedar Street #6 New Baden, IL.
What is the lease rate?
The lease rate is $2,000/Mo.
What are key features of this property?
This property features: 2024‑built retail center with 1,000‑square‑foot suites; Units 4‑7 are currently open and can be combined; Unit 3 is rough‑framed to the 1,000‑square‑foot layout
More about this property
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