Building Details

Tenancy Multiple

Spaces For Lease

at 1600 S State St Contact us

Available Space F

Size

2,000 SF

Availability

Active

Contact us

Listing Agency: Gundaker Commercial Group

Listed By: Carmelo Desemone · License #MO 2013008848 Show Phone

Source: Crexi

Added: Mar 25, 2024 Changed: Sep 4 Last Checked: Sep 4 at 8:58AM

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Investment Insights

Based on property information with market context.

Three spaces are available for rent in a highly visible strip mall located along S. State St. One of the spaces is an almost turnkey restaurant. An additional space totals 4,000 square feet and could be subdivided into two smaller spaces of 2,000 square feet each.

Key Highlights

• Highly visible location on S. State St.
• Turnkey restaurant space available.
• 4,000 sf space available.

Property Analytics

Property Profile

Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Plumbing Service Garden Center Grocery & Convenience Store Locksmith

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

$1.65 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

185

Businesses Nearby

Explore this area Business Placement

Demographics for 62052, IL

12,503

Population

5,564

Households

2.2

Avg Household Size

43

Median Age

22%

College-Educated

92%

High-School Grad

143.1 sq mi

ZIP Area

87

Density / Sq Mi

$75,296

Median Household Income

$45,823

Median Earnings

$790

Median Rent

$156,000

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this strip malls located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Strip mall - Three spaces available, including a turnkey restaurant.

Where is this strip mall located?

The property is located at 1600 S State St Jerseyville, IL.

What is the lease rate?

The lease rate is $11 SF/Yr.

What are key features of this property?

This property features: Highly visible location on S. State St.; Turnkey restaurant space available.; 4,000 sf space available.