Anchored Shopping
For Sale
Contact for pricing
Pending
3000 Homer M Adams Pkwy, Alton, IL 62002
Established occupants include grocery, refrigeration, exchange, and fitness users, supported by recent roof and façade improvements.
Property Size90,000 SF
Days on Market141
Property Features for 3000 Homer M Adams Pkwy
General Information
Standard status
Pending
Size
90,000 SF
Property subtype
Retail
Property Condition
Severity
Repairs Needed
Evidence
minimal deferred maintenance
Site & Location
Anchor Co-Tenants
Save-a-Lot, Alton Refrigeration, Alton Exchange, Planet Fitness
Highway Access
Yes
Building Details
Year Renovated
2020
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Indianapolis
(317) 218-5329
Listed By:
Nathan Whalen · License #IN AB21402364
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 6:07PM
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 Marcus & Millichap - Indianapolis
Investment Insights
Based on property information with market context.
Central Plaza is a 90,000-square-foot shopping center with four established occupants: Save-a-Lot, Alton Refrigeration, Alton Exchange, and Planet Fitness. Tenant histories include Save-a-Lot occupancy dating to 1997, an Alton Refrigeration expansion completed in 2017, and Planet Fitness lease term extending through April 2040. The property received a new roof and façade in 2020.
The center fronts State Highway 3, which carries more than 21,300 vehicles per day. The surrounding retail environment includes Tractor Supply, Dollar General, Schnucks, ALDI, Harbor Freight, KFC, Target, Kohl’s, Home Depot, and Lowe’s. Central Plaza is 6 miles from St. Louis Regional Airport and 25 miles from St. Louis International Airport, with more than 66,000 residents within 5 miles.
The center fronts State Highway 3, which carries more than 21,300 vehicles per day. The surrounding retail environment includes Tractor Supply, Dollar General, Schnucks, ALDI, Harbor Freight, KFC, Target, Kohl’s, Home Depot, and Lowe’s. Central Plaza is 6 miles from St. Louis Regional Airport and 25 miles from St. Louis International Airport, with more than 66,000 residents within 5 miles.
Key Highlights
- 90,000‑square‑foot shopping center anchored by Save‑a‑Lot, Alton Refrigeration, Alton Exchange, and Planet Fitness
- Planet Fitness lease runs through April 2040 under a 20‑year term
- New roof and façade completed in 2020
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
286
Businesses Nearby
109k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 50%
Dining 18%
Home Improvements & Furnishings 16%
Shops & Services 16%
Schnucks
Groceries
27,823 visits/mo
0.1 miles
Aldi
Groceries
22,195 visits/mo
0.2 miles
White Castle
Dining
9,811 visits/mo
0.1 miles
Harbor Freight Tools
Home Improvements & Furnishings
9,477 visits/mo
0.3 miles
Tractor Supply Co.
Home Improvements & Furnishings
8,021 visits/mo
0.2 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
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Shopping center - Established occupants include grocery, refrigeration, exchange, and fitness users, supported by recent roof and façade improvements.
Where is this shopping center located?
The property is located at 3000 Homer M Adams Pkwy Alton, IL.
What are key features of this property?
This property features: 90,000‑square‑foot shopping center anchored by Save‑a‑Lot, Alton Refrigeration, Alton Exchange, and Planet Fitness; Planet Fitness lease runs through April 2040 under a 20‑year term; New roof and façade completed in 2020
