Property summary
Midway Plaza, a 20,200 square foot retail strip center in Fairview Heights, Illinois, presents a unique investment opportunity. Built in 1974 and renovated in 2003, this property offers multiple spaces for lease, with a minimum divisible space of 6,750 square feet and a maximum contiguous space of 13,450 square feet. Currently, the entire 20,200 square feet is vacant, providing a blank canvas for a new tenant or a multi-tenant configuration. Located in the thriving community of Fairview Heights, known as the "Crossroads of Prosperity," this location benefits from its strategic position within the St. Louis Metro area, offering easy access to major transportation routes and a large consumer base. Fairview Heights boasts a strong economy, driven by significant retail activity and the proximity of Scott Air Force Base, contributing to an annual economic impact exceeding $3.2 billion. This prime location, coupled with the substantial available space, makes Midway Plaza an exceptional opportunity for businesses seeking high visibility and access to a robust market. The property's location along Lincoln Trail, within a region known for its extensive shopping options, including the St. Clair Square Mall, ensures high foot traffic and strong potential for success. This is a chance to establish a presence in a dynamic and growing community with a proven track record of retail success. The property's size and layout offer flexibility for a variety of retail concepts.
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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