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New Baden Center Six-Unit Retail Strip
For Lease
$2,000/Mo

1219 E Cedar Street #5, New Baden, IL 62265

New Baden Center retail strip built in 2024 with multiple flexible units, including space available for combination.

Property Size1,000 SF - 4,000 SF
Days on Market689

Property Features for 1219 E Cedar Street #5

General Information

Standard status Active
Size 1,000 SF - 4,000 SF
Net Rentable 1,000 SF
Lease Type /mo

Site & Location

Corner Location Yes
Anchor Co-Tenants State Farm Insurance

Additional Details

Available Space 1,000-4,000 SF

Building Details

Building Size 1,000 SF
Year Built 2024
Tenancy Multi
Listing Agency: Strano & Associates
Listed By: Jay Kehrer · License #475166243
Source: Century21laclede
Added: Sep 10, 2024 Changed: Jul 30 Last Checked: Jul 30 at 10:02AM

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.

New Baden Center is a newly built retail strip (2024) featuring up to six available units, each approximately 1,000 SF. Unit 1 is a triple unit and is already taken. Unit 2 is leased to State Farm Insurance. Unit 3 is rough framed to the 1,000 SF size, while Units 4 through 7 are currently open and can be combined for larger requirements. Each unit can be customized for a tenant’s business needs.

The property is described as a city corner location within the retail center at 1219 E Cedar Street #5 in New Baden, IL. The ground located just across Cedar St has been purchased by the city of New Baden, which is currently building a new Village Hall, Police Department, and Emergency Services facility to that location.

Ideal uses mentioned for the available space include restaurant, nail salon, boutique, ice cream shop, specialty food shop, gym or sport studio, cleaning service, vacation services, and other service or specialty businesses.

Key Highlights

  • Up to six units available in the New Baden Center strip, each approximately 1,000 SF
  • Units 4‑7 are currently open and can be easily combined for larger space
  • Unit 1 is a triple unit and already taken

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
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Frequently Asked Questions

What type of property is this?
Strip mall - New Baden Center retail strip built in 2024 with multiple flexible units, including space available for combination.
Where is this strip mall located?
The property is located at 1219 E Cedar Street #5 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: Up to six units available in the New Baden Center strip, each approximately 1,000 SF; Units 4‑7 are currently open and can be easily combined for larger space; Unit 1 is a triple unit and already taken
More about this property
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