Two-Property Retail and Office
For Sale
Contact for pricing
Pending
3361 Fehling Rd, Granite City, IL 62040
Portfolio includes a multi-tenant retail center and four-building office complex with existing occupancy in the retail asset.
Property Size15,600 SF
Days on Market199
Property Features for 3361 Fehling Rd
General Information
Standard status
Pending
Size
15,600 SF
Property subtype
Retail
Occupancy
84%
Additional Details
Cap Rate
8.6%
Building Details
Year Built
1989
Buildings
1
Stories
1
Tenancy
Multi
Listing Agency:
Manor Real Estate
Listed By:
Eddie Cherry · License #2008027591
(314) 647-6611
Source:
Crexi
Added: Feb 19
Changed: Sep 5
Last Checked: Sep 4 at 3:59PM
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 Manor Real Estate
Investment Insights
Based on property information with market context.
This two-property portfolio is being offered on a 100% fee simple basis and consists of Steel City Plaza and Green Professional Park. Steel City Plaza is an established 15,600-square-foot, multi-tenant retail center with 84.6% occupancy and a mix of seven tenants, including Imo’s Pizza, a nail salon, laundromat, and hair salon.
Green Professional Park is a four-building office complex, with each building measuring approximately 3,584 square feet. The portfolio is presented as a package sale.
Based on the information provided, the retail center is currently partially occupied, while the office complex represents an opportunity to address vacancy and/or transition individual buildings to end users through lease-up and possible sales of the separate buildings.
Green Professional Park is a four-building office complex, with each building measuring approximately 3,584 square feet. The portfolio is presented as a package sale.
Based on the information provided, the retail center is currently partially occupied, while the office complex represents an opportunity to address vacancy and/or transition individual buildings to end users through lease-up and possible sales of the separate buildings.
Key Highlights
- 100% fee simple portfolio in Granite City, IL featuring Steel City Plaza (15,600 SF) and Green Professional Park (four‑building office complex).
- Steel City Plaza is a multi‑tenant retail center with 84.6% occupancy and a tenant mix including Imo’s Pizza, nail salon, laundromat, and hair salon.
- Green Professional Park is a four‑building office complex with each building measuring approximately 3,584 SF.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
566
Businesses Nearby
280k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 40%
Shops & Services 37%
Groceries 16%
Home Improvements & Furnishings 4%
Schnucks
Groceries
33,867 visits/mo
0.5 miles
QuikTrip
Shops & Services
25,708 visits/mo
0.5 miles
Ollie's Bargain Outlet
Shops & Services
24,909 visits/mo
0.1 miles
McDonald's
Dining
23,781 visits/mo
0.2 miles
Dollar Tree
Shops & Services
15,256 visits/mo
0.2 miles
Demographics for 62040, IL
40,872
Population
18,842
Households
2.2
Avg Household Size
41
Median Age
16%
College-Educated
89%
High-School Grad
39.9 sq mi
ZIP Area
1,024
Density / Sq Mi
$60,558
Median Household Income
$40,963
Median Earnings
$852
Median Rent
$106,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Portfolio includes a multi-tenant retail center and four-building office complex with existing occupancy in the retail asset.
Where is this shopping center located?
The property is located at 3361 Fehling Rd Granite City, IL.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 100% fee simple portfolio in Granite City, IL featuring Steel City Plaza (15,600 SF) and Green Professional Park (four‑building office complex).; Steel City Plaza is a multi‑tenant retail center with 84.6% occupancy and a tenant mix including Imo’s Pizza, nail salon, laundromat, and hair salon.; Green Professional Park is a four‑building office complex with each building measuring approximately 3,584 SF.
