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    120 Commerce Ln Fairview Heights, IL 62208

    For Lease
    Contact for pricing

    16,500 SF Retail Space Available

    Lot size:
    16,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 16,500-square-foot retail space is ideally situated at 120 Commerce Lane in Fairview Heights, Illinois, zip code 62208. The property offers a single-tenant occupancy opportunity, providing a blank canvas for a wide range of retail businesses. The entire building is currently vacant, presenting a unique chance for a business to establish a significant presence in a thriving commercial area. With its expansive square footage, the property offers ample space for a large-scale retail operation, showroom, or other commercial ventures. The address is easily accessible, boasting high visibility and convenient access for customers. The building's size and layout provide flexibility for customization to meet specific business needs. This is a rare opportunity to secure a substantial retail space in a desirable location within Fairview Heights. The property is ready for immediate occupancy, allowing for a swift and efficient start to operations. Interested parties are encouraged to inquire further to explore the possibilities this prime retail space offers. The property is located at 38.59701498716925 latitude and -89.98760457579432 longitude.

    Property Features for 120 Commerce Ln

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,500 SF

    Unit(s) available at that property

    Space
    Available space
    Size
    16,500 SF

    HighLights

    • High‑traffic retail space available in Fairview Heights, IL, anchored by Planet Fitness.
    • 16,500 square feet of retail space available.
    • Excellent visibility and accessibility at I‑64 and IL Hwy 159 intersection (117,000+ vehicles per day).
    • Prominent I‑64 visibility with pylon signage opportunity.
    • Ample parking.
    • Across the street from St. Clair Square Mall and near numerous national retailers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fairview Heights
    County
    St. Clair
    State
    Illinois
    Longitude
    -89.987604575794
    Latitude
    38.597014987169

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    FAQs

    What type of property is this?
    Retail property - 16,500 SF Retail Space Available
    Where is this retail property located?
    The property is located at 120 Commerce Ln Fairview Heights, IL.
    What are key features of this property?
    This property features: High-traffic retail space available in Fairview Heights, IL, anchored by Planet Fitness.; 16,500 square feet of retail space available.; Excellent visibility and accessibility at I-64 and IL Hwy 159 intersection (117,000+ vehicles per day).
    Request Owner's contact information
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    Fairview Heights, IL 62208
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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
    120 Commerce Ln Fairview Heights, IL 62208
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