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Retail Space Near Lake Land
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1510-1532 Lake Land Blvd, Mattoon, IL

Retail spaces available near Lake Land College and I-57.

Property Size1,475 SF
Lot Size2.02 Acres
Days on Market724

Property Features for 1510-1532 Lake Land Blvd

General Information

Standard status Active
Size 1,475 SF
Lot size 2.02 Acres
Property subtype RETAIL
Listing Agency: Matanky Realty Group
Listed By: Terri J. Cox · License #4710003588
Source: Moodyscre
Added: Aug 6, 2024 Changed: Jul 10 Last Checked: Jul 21 at 5:19AM

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 Matanky Realty Group

Investment Insights

Based on property information with market context.

Available retail spaces range from 707 to 5,138 square feet. The property is anchored by a Family Dollar and a grocer. It benefits from close proximity to the I-57 expressway and is near Lake Land College, which has 7,500 commuter students. The location also benefits from 8,000 local daytime workers. The property features long-tenured neighboring tenants.

Key Highlights

  • Anchored by Family Dollar and grocer.
  • Near Lake Land College, providing a steady stream of 7,500 commuter students.
  • Benefit from 8,000 local daytime workers.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Dental Office Big Box & Wholesale Store Hair Salon

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
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

211
Businesses Nearby
Under-served
Demand for This Use

Market

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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Similar Off Market Nearby

  • Lowes — mattoon, il 61938

Frequently Asked Questions

What type of property is this?
Shopping center - Retail spaces available near Lake Land College and I-57.
Where is this shopping center located?
The property is located at 1510-1532 Lake Land Blvd Mattoon, IL.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: Anchored by Family Dollar and grocer.; Near Lake Land College, providing a steady stream of 7,500 commuter students.; Benefit from 8,000 local daytime workers.
(773) 517-9740 Call to check price and availability
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