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Property profile & analytics
OFF-MARKET
Lifestyle centers

662 Wesley Dr Wood River, IL 62024

65,838 SF
Property ID
Property summary
AI-generated overview

Wood River Plaza, located at 662 Wesley Dr, East Alton, IL 62024, offers exceptional retail opportunities. This 65,838 square foot shopping center boasts a vibrant location on the eastern bank of the Mississippi River, just 15 miles northeast of downtown St. Louis. The center enjoys high traffic, exceeding 2,500 daily shopping visits, and benefits from a strong anchor tenant, a new Walmart Supercenter. Currently, there are two available spaces, each offering 4,000 square feet of contiguous retail space. The minimum leasable space is also 4,000 square feet, providing flexibility for businesses seeking a significant presence. A total of 8,000 square feet is currently vacant, presenting a unique opportunity for expansion or new tenancy within a thriving retail environment. The property is classified as a multi-tenant shopping center, providing a diverse and complementary retail mix. This prime location, coupled with high foot traffic and a strong anchor tenant, makes Wood River Plaza an ideal investment for businesses seeking to establish or expand their retail presence in a dynamic market. The property's convenient access and proximity to a major metropolitan area ensure high visibility and accessibility for customers. This is a rare opportunity to secure retail space in a well-established and successful shopping center.

Property profile
Verified
Property type Lifestyle centers
Total area 65,838 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • GameStop Arcade & Gaming Center Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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