Multi-Tenant Retail
For Sale
Contact for pricing
401 S Banker Street, Effingham, IL 62401
Four Points Plaza is a multi-tenant retail center with 100% occupancy and strong visibility at a signalized intersection.
Property Size10,401 SF
Lot Size1.08 Acres
Days on Market124
Property Features for 401 S Banker Street
General Information
Standard status
Active
Size
10,401 SF
Lot size
1.08 Acres
Property subtype
Retail
Occupancy
100%
Site & Location
Traffic Count
34,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Indianapolis
(317) 218-5329
Listed By:
Nathan Whalen · License #IN AB21402364
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 21 at 12:06PM
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.
Four Points Plaza is a multi-tenant retail center offering approximately 10,401 square feet on about 1.08 acres. The center is 100% occupied, with 27% of the gross leasable area leased through June 2022, indicating minimal near-term lease rollover. The property has recorded rent increases in 2018 for more than 56% of the center, and scheduled rent increases are also reflected in tenant renewal options. Recent leasing activity includes a brand-new lease signed by CSC Inc. on October 1 and a new lease by Apria Healthcare signed in July.
The property is located at the signalized intersection of US 40 and S Banker Street, with traffic counts reported at 34,000 vpd passing the corner. Immediate access to Interstate 70 is highlighted by over 35,700 vehicles per day. The Amtrak Commuter Station is described as being down the street and provides over 30,000 passengers annually.
Adjacent and nearby retailers include Martins IGA Plus, Dollar General, and Fifth Third Bank next to the property, along with additional shopping and service operators listed down the street such as Walgreens, Save-a-Lot, Hardees, Papa John’s, AutoZone, Verizon, Domino’s Pizza, and O’Reilly Auto Parts. The Wal-Mart Supercenter is noted on the northwest side of I-70 with multiple national retailers listed in the surrounding area.
The property is located at the signalized intersection of US 40 and S Banker Street, with traffic counts reported at 34,000 vpd passing the corner. Immediate access to Interstate 70 is highlighted by over 35,700 vehicles per day. The Amtrak Commuter Station is described as being down the street and provides over 30,000 passengers annually.
Adjacent and nearby retailers include Martins IGA Plus, Dollar General, and Fifth Third Bank next to the property, along with additional shopping and service operators listed down the street such as Walgreens, Save-a-Lot, Hardees, Papa John’s, AutoZone, Verizon, Domino’s Pizza, and O’Reilly Auto Parts. The Wal-Mart Supercenter is noted on the northwest side of I-70 with multiple national retailers listed in the surrounding area.
Key Highlights
- Multi‑tenant retail center with +/- 10,401 SF on approximately 1.08 acres
- 100% occupied; 27% of gross leasable area leased through June 2022 for minimal near‑term lease rollover
- Excellent visibility at the signalized intersection of US 40 and S Banker Street with 34,000 VPD passing the corner
Property Analytics
Property Profile
Current Use
Lease Details
34,000 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
193
Businesses Nearby
34k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 57%
Shops & Services 43%
Phillips 66
Shops & Services
14,035 visits/mo
0.3 miles
McDonald's
Dining
10,838 visits/mo
0.3 miles
Puerto Vallarta
Dining
8,467 visits/mo
0.4 miles
Interstate Batteries
Shops & Services
395 visits/mo
0.3 miles
Demographics for 62401, IL
19,408
Population
8,688
Households
2.2
Avg Household Size
42
Median Age
29%
College-Educated
94%
High-School Grad
103.9 sq mi
ZIP Area
187
Density / Sq Mi
$76,098
Median Household Income
$43,051
Median Earnings
$722
Median Rent
$195,800
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 - Four Points Plaza is a multi-tenant retail center with 100% occupancy and strong visibility at a signalized intersection.
Where is this shopping center located?
The property is located at 401 S Banker Street Effingham, IL.
What are key features of this property?
This property features: Multi‑tenant retail center with +/- 10,401 SF on approximately 1.08 acres; 100% occupied; 27% of gross leasable area leased through June 2022 for minimal near‑term lease rollover; Excellent visibility at the signalized intersection of US 40 and S Banker Street with 34,000 VPD passing the corner
