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Property profile

101 Frey Ln Fairview Heights, IL 62208

OFF-MARKET
Retail properties & Spaces
12,200 SF Built 1996
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Property summary

AI-generated overview

This exceptional 2,200 square foot commercial space, located at 101 Frey Lane in Fairview Heights, Illinois, presents a unique opportunity for businesses seeking a prime location. Situated in a high-traffic area directly across from St. Clair Square, this property benefits from excellent visibility and accessibility. The building, constructed in 1996 and extensively renovated in 2021, offers a blend of modern amenities and classic appeal. The single-story building boasts a total of 12,200 square feet, with the available space offering a minimum of 2,200 contiguous square feet. Ceiling heights range from 8 to 13 feet, providing ample space and flexibility for various business needs. The property is zoned PB and features common power. The space is part of a multi-tenant building with established businesses such as McAlister's Deli, T-Mobile, and a cell phone repair shop, creating a vibrant and thriving commercial environment. Neighboring businesses include a mix of retail and restaurants, further enhancing the location's appeal. Common area maintenance (CAM) charges are reconciled at the end of each year. The property's APN is 03-27.0-301-001. This is an ideal location for businesses seeking high visibility and a strong commercial presence in a bustling Fairview Heights neighborhood. The zip code is 62208.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1996
Total area 12,200 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Take-out & Catering
  • (Bike/Boat/Book/etc) Store
  • Tobacco Supplier

Location

101 Frey Ln Fairview Heights, IL 62208
Fairview Heights metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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