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Property profile

2600 Homer Adams Pkwy Alton, IL 62002

OFF-MARKET
Lifestyle centers
24,300 SF 1.86 ac lot
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 24,300-square-foot shopping center strategically located at 2600 Homer Adams Parkway in Alton, Illinois, zip code 62002. The property, classified as retail and land, boasts a multi-tenant occupancy with Farm & House Supply as a current tenant. Situated in the Metro East county, this shopping center benefits from a highly visible location along a primary retail corridor, ensuring excellent exposure to a substantial customer base. The property's prime location offers convenient access via a signalized intersection from Homer Adams Parkway, a key thoroughfare. Ample parking is available for shoppers and employees, enhancing the overall convenience and appeal of the center. The lot size ranges from 1.86 to 5.09 acres, providing flexibility for future development or expansion. This well-positioned shopping center represents a strong investment opportunity in a thriving retail market. The property's size, location, and amenities make it an attractive option for both investors and tenants seeking a high-traffic location in Alton, Illinois. The property is classified as a shopping center and offers significant potential for growth and return on investment. Its strategic location and ample parking make it a desirable destination for shoppers and businesses alike.

Property profile

Verified
Property type Lifestyle centers
Total area 24,300 SF
Lot 1.86 ac (81,022 SF)

Cap rate & NOI

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

Location

2600 Homer Adams Pkwy Alton, IL 62002
Alton metro
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Value estimations

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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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