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Office Suite with Reception Area
For Lease
$13 SF/Yr NNN

235 E Center Drive, Alton, IL 62002

Commercial Lease, Alton, IL

Space Size3,425 SF
Lot Size2.12 Acres
Days on Market160

Property Features for 235 E Center Drive

General Information

Property type Commercial Lease
Property subtype Retail
Parking features Parking Lot
Directions Homer Adams Parkway to Alton Square Mall Drive to E. Center Drive
Standard status Active
APN 23-1-01-36-17-301-006
Lot size 2.12 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 24169

Utilities

Heating system Forced Air, Natural Gas
Cooling system Central Air, Electric
Water source Public

Amenities

reception area
two handicap bathroom
conference rooms
storage area

Building Details

Number of units 5
Building materials Brick, Glass
Roof type Rubber
Listing Agency: Coldwell Banker Brown Realtors · Coldwell Banker Real Estate
Listed By: Rick Lauschke · License #471000992
Added: Apr 29 Changed: Sep 28 Last Checked: Oct 5 at 3:06AM
MLS# 26024675

Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Approximately 3,425 square feet of office space is configured for professional use, with a reception area, multiple offices, conference rooms, storage, and two handicap-accessible bathrooms. The suite also includes central air conditioning, forced-air natural gas heating, public water, a rubber roof, and parking lot access.

The property is adjacent to Homer Adams Parkway and across from Alton Square Mall, providing a setting with high traffic and visibility. Anchor tenants identified at the property include Quest Diagnostics, Jackson Hewitt, C.J. Schlosser, Great Rivers Animal Hospital, and Southwester Hearing Center. The space is offered for immediate occupancy under an NNN lease structure.

Key Highlights

  • Approximately 3425s.f. office suite
  • Reception area, offices, conference rooms, and storage
  • Two handicap bathrooms

Property Analytics

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Current Use

Office Units

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
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

462
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
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Market

Lease Benchmarks for Alton, IL

$13.12 /SF/Yr
Avg Asking Price
$12–$15.96 /SF/Yr
Price Range
4,005 SF
Avg Space Size

This space is priced 1% below the average of $13.12 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Professional office layout includes reception, conference rooms, storage, and two accessible bathrooms.
Where is this office units located?
The property is located at 235 E Center 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 3425s.f. office suite; Reception area, offices, conference rooms, and storage; Two handicap bathrooms
More about this property
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