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Highly Visible Strip Mall Space
For Lease
Contact for pricing

1600 S State St, Jerseyville, IL 62052

Three spaces available, including a turnkey restaurant.

Space Size2,000 SF
Days on Market997

Property Features for 1600 S State St

General Information

Standard status Active
Size 2,000 SF
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 1600 S State St
1600 South State Street $11/SF/Yr
Floor 1
Size 2,000 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
Three rental spaces 4,000sf divisible to 2,000sf and 2,500sf almost turn key pizza restaurant. Located along S. State St in Jerseyville Illinois.
Contact us
Listing Agency: Gundaker Commercial Group
Listed By: Carmelo Desemone · License #2013008848
Source: Moodyscre
Added: Feb 1, 2024 Changed: Oct 14 Last Checked: Oct 24 at 6:19PM

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 Gundaker Commercial Group

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Three spaces are available for rent in a highly visible strip mall located along S. State St. One of the spaces is an almost turnkey restaurant. An additional space totals 4,000 square feet and could be subdivided into two smaller spaces of 2,000 square feet each.

Key Highlights

  • Highly visible location on S. State St.
  • Turnkey restaurant space available.
  • 4,000 sf space available.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Plumbing Service Garden Center Grocery & Convenience 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
$1.65 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

185
Businesses Nearby

Demographics for 62052, IL

12,503
Population
5,564
Households
2.2
Avg Household Size
43
Median Age
22%
College-Educated
92%
High-School Grad
143.1 sq mi
ZIP Area
87
Density / Sq Mi
$75,296
Median Household Income
$45,823
Median Earnings
$790
Median Rent
$156,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Strip mall - Three spaces available, including a turnkey restaurant.
Where is this strip mall located?
The property is located at 1600 S State St Jerseyville, IL.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: Highly visible location on S. State St.; Turnkey restaurant space available.; 4,000 sf space available.
(636) 728-5144 Call to check price and availability
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