Fully-Leased Strip
For Sale
Contact for pricing
Pending
610 N 89th St, East St Louis, IL 62203
Fully leased strip center anchored by a Family Dollar location with long-term occupancy and corporate lease guarantee.
Property Size10,300 SF
Days on Market132
Property Features for 610 N 89th St
General Information
Standard status
Pending
Size
10,300 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Building Details
Tenancy
Multi
Listing Agency:
Matthews
(214) 692-2191
Listed By:
Lee Cordova · License #714883
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Aug 21 at 11:21AM
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 Matthews
Investment Insights
Based on property information with market context.
The subject property is a 10,300 SF fully-leased strip center. The center is anchored by Family Dollar, owned and operated by Dollar Tree, Inc. (NASDAQ: DLTR), with a corporate guarantee lease. The tenant is described as an investment-grade credit (BBB) and has occupied the location for more than 25 years. Family Dollar has three, five-year options with 4% rent increases, and is currently in the process of obtaining a beer and wine license.
The property is positioned at a major intersection connecting East St. Louis and Belleville. The public remarks note that the Illinois State Police approved a $55 million plan to move its District 11 headquarters to East St. Louis.
All Things Sudz has signed a lease set to commence in January, with 10% annual rent increases. The remarks also identify All Things Sudz as the only laundromat tenant within a 4.5-mile radius.
The property is positioned at a major intersection connecting East St. Louis and Belleville. The public remarks note that the Illinois State Police approved a $55 million plan to move its District 11 headquarters to East St. Louis.
All Things Sudz has signed a lease set to commence in January, with 10% annual rent increases. The remarks also identify All Things Sudz as the only laundromat tenant within a 4.5-mile radius.
Key Highlights
- 10,300 SF fully‑leased strip center in Belleville, IL
- Anchored by a Family Dollar location with corporate lease guarantee from Dollar Tree, Inc. (NASDAQ: DLTR)
- Family Dollar is an investment grade tenant (BBB) and has occupied the location for over 25 years
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
183
Businesses Nearby
12k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Mobil
Shops & Services
5,525 visits/mo
0.5 miles
Family Dollar
Shops & Services
3,241 visits/mo
0.1 miles
Regions Bank
Shops & Services
3,128 visits/mo
0.4 miles
Demographics for 62203, IL
6,344
Population
2,788
Households
2.3
Avg Household Size
42
Median Age
16%
College-Educated
83%
High-School Grad
5.6 sq mi
ZIP Area
1,133
Density / Sq Mi
$41,134
Median Household Income
$32,065
Median Earnings
$970
Median Rent
$72,700
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 - Fully leased strip center anchored by a Family Dollar location with long-term occupancy and corporate lease guarantee.
Where is this shopping center located?
The property is located at 610 N 89th St East St Louis, IL.
What are key features of this property?
This property features: 10,300 SF fully‑leased strip center in Belleville, IL; Anchored by a Family Dollar location with corporate lease guarantee from Dollar Tree, Inc. (NASDAQ: DLTR); Family Dollar is an investment grade tenant (BBB) and has occupied the location for over 25 years
