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Open-Plan Retail Suite
For Lease
$13 SF/Yr NNN

220 Regional Drive, Alton, IL 62002

A flexible open sales floor is complemented by rear storage and a half bath.

Space Size4,436 SF
Property Size9,196 SF
Days on Market73

Property Features for 220 Regional Drive

General Information

Standard status Active
Size 4,436 SF
Net Rentable 4,436 SF
Lease Type NNN

Space & Availability

Available Space 4,436 SF
Contiguous Space 4,436 SF
Space Use Retail
Available From Immediate

Lease Terms

Lease Rate $13 /SF/YR
Monthly Rent $4,805
Rent per SF/Year $13

Additional Details

Anchor Co-Tenants Human Motion Institute, Heights Finance

Taxes and HOA fees

Annual Taxes $188,990

Amenities

storage
half bath

Building Details

Building Size 9,196 SF
Year Built 1981
Buildings 1
Stories 1
Units 3
Tenancy Multi
Listing Agency: Coldwell Banker Brown Realtors
Listed By: Rick Lauschke · License #471000992
Source: Finehomesbydawn
Added: Aug 14 Changed: Oct 23 Last Checked: Oct 23 at 1:16PM

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 Coldwell Banker Brown Realtors

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Investment Insights

Based on property information with market context.

This retail suite at 220 Regional Drive in Alton contains approximately 4,436 square feet. Its principal area is open, with storage and a half bath at the rear. The space is available for immediate occupancy under an NNN lease.

The property is near Homer Adams Parkway and Alton Square Mall, and sits across from Alton Corners retail center. Human Motion Institute and Heights Finance are identified as anchor tenants.

Key Highlights

  • Approximately 4,436 square feet available for immediate occupancy
  • Open retail area with rear storage and a half bath
  • NNN lease structure

Property Analytics

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Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Pharmacy Auto Parts 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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

482
Businesses Nearby
425k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 28% Dining 25% Superstores 15% Home Improvements & Furnishings 13%
Target Superstores
62,425 visits/mo 0.1 miles
JCPenney Apparel
39,710 visits/mo 0.3 miles
Kohl's Apparel
30,927 visits/mo 0.5 miles
Lowe's Home Improvements & Furnishings
28,785 visits/mo 0.3 miles
Five Below Shops & Services
28,255 visits/mo 0.5 miles

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
4,011 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

Frequently Asked Questions

What type of property is this?
Retail space - A flexible open sales floor is complemented by rear storage and a half bath.
Where is this retail space located?
The property is located at 220 Regional Drive Alton, IL.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: Approximately 4,436 square feet available for immediate occupancy; Open retail area with rear storage and a half bath; NNN lease structure
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