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Alton Retail Space Available

2850 Homer Adams Parkway, Alton, IL 62002

For Lease
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Retail space with basement storage in Alton, Illinois.

Space SizeContact for details
Days on Market358

Property Features for 2850 Homer Adams Parkway

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE
Listed By: Nick Garavaglia
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 8 Last Checked: Aug 8 at 4:56AM

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 CBRE

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Investment Insights

Based on property information with market context.

This retail property offers 1,066 square feet of space on the first floor, complemented by 5,088 square feet of basement storage, totaling 6,154 square feet of available space. The total property size is 17,565 square feet. Constructed in 1971, the property provides a parking ratio of 4.0 spaces per 1,000 square feet.

Key Highlights

  • Significant basement storage space (5,088 SF)
  • Ample parking with a ratio of 4.0 spaces per 1,000 SF
  • First floor availability (1,066 SF)

Property Analytics

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

Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store Garden Center (Bike/Boat/Book/etc) Store Big Box & Wholesale 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

Location Intelligence

Trade Area within ½ mile

10
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
View Realmo Analytics

Market

Lease Benchmarks for Alton, IL

$12.99 /SF/Yr
Avg Asking Price
$12.82–$13 /SF/Yr
Price Range
4,269 SF
Avg Space Size

Average Price Trend$/SF/Yr for Retail space in Alton, IL

$13 Jul
$12.98 Aug
$12.98 Sep
$12.98 Oct

Properties on Market for Retail space in Alton

Jul
Aug
Sep
Oct

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 - Retail space with basement storage in Alton, Illinois.
Where is this retail space located?
The property is located at 2850 Homer Adams Parkway Alton, IL.
What are key features of this property?
This property features: Significant basement storage space (5,088 SF); Ample parking with a ratio of 4.0 spaces per 1,000 SF; First floor availability (1,066 SF)
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