400-423 42Nd St Mount Vernon, IL 62864
King City Square, located at 400-423 S 42nd St in Mount Vernon, Illinois (zip code 62864), offers a prime retail opportunity. This Jefferson County property boasts a total of 6,415 square feet of commercial space, currently entirely vacant and available for lease. The space is divisible, with a minimum leasable area of 2,985 square feet and a maximum contiguous space of 3,430 square feet. This presents flexibility for businesses seeking various sizes of retail space. The property is categorized as multi-tenant retail, indicating potential for multiple occupants or a single large tenant. The address is conveniently located in Mount Vernon, providing excellent access to local customers and traffic. The property's size and layout make it suitable for a variety of retail uses, offering a significant opportunity for businesses looking to establish or expand their presence in the Mount Vernon market. Interested parties should inquire about lease terms and conditions. The property is ready for immediate occupancy. The entire 6,415 square feet is available.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.