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Two-Level Retail Space
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2850 Homer Adams Pkwy, Alton, IL 62002

Retail space available with first-floor area plus basement storage, built in 1971 and supported by an on-site parking ratio.

Space Size5,088 SF
Days on Market648

Property Features for 2850 Homer Adams Pkwy

General Information

Standard status Active
Size 5,088 SF
Property subtype RETAIL

Building Details

Year Built 1971

Spaces For Lease

at 2850 Homer Adams Pkwy Contact us

2850 Homer Adams Pkwy

Size
5,088 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- 1st Floor = 1,066 SF - Basement Storage = 5,088 SF - Total = 6,154 SF - Total...
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Listing Agency: CBRE
Listed By: Nick Garavaglia
Source: Moodyscre
Added: Dec 5, 2024 Changed: Sep 4 Last Checked: Sep 13 at 9:03AM

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 CBRE

Investment Insights

Based on property information with market context.

Available for lease is a two-level retail space with 1,066 SF on the first floor and 5,088 SF of basement storage, for a total of 6,154 SF. The property totals 17,565 RSF, and was built in 1971.

Parking is supported at a 4.0 spaces per 1,000 SF ratio. The space is located at 2850 Homer Adams Pkwy in Alton, IL 62002.

This configuration is well suited for retailers that need dedicated storage in addition to first-floor operating space.

Key Highlights

  • Retail space with 1,066 SF first floor plus 5,088 SF basement storage
  • Total building area of 6,154 SF (Total Property SF: 17,565 RSF)
  • Built in 1971

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store Garden Center (Bike/Boat/Book/etc) Store Big Box & Wholesale 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

Location Intelligence

Trade Area within ½ mile

10
Businesses Nearby

Demographics for 62002, IL

30,176
Population
14,832
Households
2
Avg Household Size
41
Median Age
24%
College-Educated
92%
High-School Grad
41.3 sq mi
ZIP Area
731
Density / Sq Mi
$57,851
Median Household Income
$38,120
Median Earnings
$941
Median Rent
$114,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Alton, IL

$12.98 /SF/Yr
Avg Asking Price
$12.82–$13 /SF/Yr
Price Range
2,153 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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space available with first-floor area plus basement storage, built in 1971 and supported by an on-site parking ratio.
Where is this retail space located?
The property is located at 2850 Homer Adams Pkwy Alton, IL.
What are key features of this property?
This property features: Retail space with 1,066 SF first floor plus 5,088 SF basement storage; Total building area of 6,154 SF (Total Property SF: 17,565 RSF); Built in 1971
(314) 655-5827 Call to check price and availability
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