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New Construction Retail Space
For Lease
$30 SF/Yr

99 Magnolia Drive #Suite 2, Glen Carbon, IL 62034

Flexible leasing configuration supports restaurant, retail, medical, fitness, service, and boutique uses.

Space Size950 SF - 4,200 SF
Property Size5,700 SF
Days on Market63

Property Features for 99 Magnolia Drive #Suite 2

General Information

Standard status Active
Size 950 SF - 4,200 SF
Net Rentable 950 SF
Lease Type NNN

Space & Availability

Available Space 950-4,200 SF
Divisible Yes

Lease Terms

Lease Rate $30 /USD/SF/YR
Monthly Rent $2,375-$10,500
Rent per SF/Year $30

Additional Details

Anchor Co-Tenants Jimmy John's

Building Details

Building Size 5,700 SF
Year Built 2026
Buildings 1
Stories 1
Listing Agency: H3 Capital Real Estate, Llc
Listed By: Brendan Barone · License #475166300
Source: Exit2newbeginningz
Added: Jun 18 Changed: Aug 16 Last Checked: Aug 17 at 10:47PM

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 H3 Capital Real Estate, Llc

Investment Insights

Based on property information with market context.

New construction retail space is available within a 5,700 SF building at Meridian Plaza. Lease availability ranges from 950–4,200 SF, with the remaining area capable of supporting one occupant or multiple smaller users. Jimmy John's is scheduled to open in May 2026 as the building’s anchor.

The property is positioned along Meridian Road near IL Route 157 in Glen Carbon, approximately 3 miles from SIUE. The surrounding corridor includes apartments, restaurants, medical users, fitness concepts, and other retail businesses. The space is suited to restaurant, retail, medical, fitness, service, and boutique concepts seeking a presence in the Edwardsville/Glen Carbon corridor.

Key Highlights

  • New construction 5,700 SF retail building
  • 950–4,200 SF available for lease
  • Space can accommodate one tenant or be divided for smaller users

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Repair Shop HVAC Service Spa & Massage Center Hair Salon Nail Salon Electrical Service

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
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

94
Businesses Nearby

Demographics for 62034, IL

14,665
Population
6,197
Households
2.4
Avg Household Size
39
Median Age
49%
College-Educated
97%
High-School Grad
13.7 sq mi
ZIP Area
1,070
Density / Sq Mi
$93,366
Median Household Income
$53,030
Median Earnings
$1,100
Median Rent
$274,300
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
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible leasing configuration supports restaurant, retail, medical, fitness, service, and boutique uses.
Where is this retail space located?
The property is located at 99 Magnolia Drive #Suite 2 Glen Carbon, IL.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: New construction 5,700 SF retail building; 950–4,200 SF available for lease; Space can accommodate one tenant or be divided for smaller users
More about this property
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