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Hobby Lobby-Leased Retail Property

4107 Broadway Street, Mount Vernon, IL 62864

For Sale
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The tenant has occupied the site since 2014 and extended its lease in 2024.

Property SizeContact for details
Days on Market34

Property Features for 4107 Broadway Street

General Information

Standard status Active
Property subtype Retail

Site & Location

Anchor Co-Tenants Ashley, Ross, Dunham’s Sports, Planet Fitness
Highway Access Yes
Road Access Yes

Additional Details

Tenant in Place Yes

Building Details

Tenancy Single
Listing Agency: Horvath & Tremblay
Listed By: Jack Collins · License #475.204707
Source: Crexi
Added: Oct 7 Changed: Nov 8 Last Checked: Nov 8 at 2:28PM

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 Horvath & Tremblay

Rey
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Investment Insights

Based on property information with market context.

This retail property in Times Square Mall is occupied by Hobby Lobby, which has operated at the site since 2014. The tenant signed a 10-year lease extension in 2024, with more than eight years remaining and three five-year renewal options. Scheduled rent increases apply every five years during the current term and at the start of each renewal option.

Times Square Mall contains approximately 263,500 square feet of retail space and includes Ashley, Ross, Dunham’s Sports, and Planet Fitness. Dining options are located on the center’s pad sites. The property fronts Broadway Street, also designated IL Route 15, and has access from S 42nd Street. Interstate 64 is seconds away and carries approximately 43,000 vehicles per day. Kroger and SSM Health Good Samaritan Hospital are also nearby, along with national retailers, restaurants, and hotels.

Key Highlights

  • Hobby Lobby has occupied the property since 2014 and extended its lease in 2024
  • More than 8 years remain on the lease, with three 5‑year renewal options
  • Located in Times Square Mall, an approximately 263,500 SF retail center

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Kitchen & Bath Showroom HVAC Service Gym & Fitness Center

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

Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

663
Businesses Nearby
102k
Monthly Visits Nearby

Foot Traffic Nearby

Home Improvements & Furnishings 40% Groceries 39% Shops & Services 11% Apparel 6%
Kroger Groceries
40,428 visits/mo 0.3 miles
Rural King Home Improvements & Furnishings
36,032 visits/mo 0.3 miles
Cato Apparel
6,600 visits/mo 0.3 miles
Dollar General Shops & Services
5,791 visits/mo 0.3 miles
Pet Supplies Plus Shops & Services
5,111 visits/mo 0.3 miles

Demographics for 62864, IL

23,327
Population
11,105
Households
2.1
Avg Household Size
41
Median Age
21%
College-Educated
94%
High-School Grad
143.0 sq mi
ZIP Area
163
Density / Sq Mi
$58,082
Median Household Income
$36,440
Median Earnings
$882
Median Rent
$117,600
Median Home Value
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Market

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?
NNN property - The tenant has occupied the site since 2014 and extended its lease in 2024.
Where is this nnn property located?
The property is located at 4107 Broadway Street Mount Vernon, IL.
What is the asking price?
The asking price for this property is $4,143,000.
What are key features of this property?
This property features: Hobby Lobby has occupied the property since 2014 and extended its lease in 2024; More than 8 years remain on the lease, with three 5‑year renewal options; Located in Times Square Mall, an approximately 263,500 SF retail center
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