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    42Nd St Mount Vernon, IL 62864

    Sponsored
    For Lease
    Contact for pricing

    Prime Mt. Vernon retail space available.

    Lot size:
    17,091 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional retail opportunity is located in the vibrant Times Square Mall in Mt. Vernon, Illinois. The property offers multiple spaces for lease, ranging in size from a compact 630 square feet to a more expansive 4,200 square feet, providing flexibility for various retail businesses. The mall's strategic location on S 42nd St in Jefferson County, Illinois, ensures high visibility and accessibility for customers. The property is categorized as a commercial shopping mall with multiple tenancies, indicating a thriving and diverse retail environment. The address is easily accessible within Mt. Vernon, zip code 62864, offering convenient access for both shoppers and employees. This presents a unique chance to establish or expand a retail presence in a well-established shopping center. The available spaces are ideal for a variety of retail concepts, from smaller boutiques to larger retail stores. The property's location in Jefferson County, Illinois, offers access to a significant consumer base. With its diverse space options, this property is an excellent investment for businesses seeking a prominent location in a bustling retail environment. The multiple tenancy structure ensures a vibrant atmosphere and a steady flow of foot traffic. Interested parties are encouraged to inquire about lease terms and availability for these prime retail spaces. The property's geographic coordinates are 38.3079054 latitude and -88.9421757 longitude.

    Property Features for 0 42Nd St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    17,091 SF

    Unit(s) available at that property

    Space
    18
    Size
    630 SF
    Space
    22
    Size
    1,039 SF
    Space
    26
    Size
    1,065 SF
    Space
    28
    Size
    2,020 SF
    Space
    30
    Size
    2,100 SF
    Space
    45
    Size
    3,244 SF
    Space
    24A
    Size
    1,793 SF
    Space
    32 & 34
    Size
    4,200 SF
    Space
    16
    Size
    1,000 SF

    HighLights

    • Strong co‑tenancy with Walmart, Lowe's, Kohl's, and Kroger.
    • Excellent access to I‑64 and I‑57.
    • Situated on Mt. Vernon, IL's primary retail thoroughfare.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mount Vernon
    County
    Jefferson
    State
    Illinois
    Longitude
    -88.9421757
    Latitude
    38.3079054

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    Nearby Similar for Lease

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      65,220 SF

      42nd Street Plaza Office Space

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      610 42Nd St, Mount Vernon, IL 62864
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      King City Square Retail Space

      Prime Mount Vernon Retail, 6,415 SF Available
      400-423 42Nd St, Mount Vernon, IL 62864
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      3,430 SF

      Retail Space Near Kroger

      Retail space available in high-traffic shopping center anchored by Kroger.
      415 S 42Nd St, Mount Vernon, IL 62864
      View Details
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      1,500 SF

      Retail Center Shadow Anchored

      Retail space available in shadow-anchored shopping center.
      101 Davidson Rd, Mount Vernon, IL 62864
      View Details

    FAQs

    What type of property is this?
    Retail property - Prime Mt. Vernon retail space available.
    Where is this retail property located?
    The property is located at 42Nd St Mount Vernon, IL.
    What are key features of this property?
    This property features: Strong co-tenancy with Walmart, Lowe's, Kohl's, and Kroger.; Excellent access to I-64 and I-57.; Situated on Mt. Vernon, IL's primary retail thoroughfare.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    42Nd St Mount Vernon, IL 62864
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