Technical
Financial
Distress signals
Property profile

1237 Main St Carbondale, IL 62902

OFF-MARKET
Shopping malls
691,484 SF
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Property summary

AI-generated overview

University Mall in Jackson County, Illinois offers an exceptional retail leasing opportunity. This prominent regional shopping mall boasts a total of 691,484 square feet, with 306,659 square feet currently available for lease. Spaces range from a minimum of 880 square feet to a maximum contiguous space of 110,000 square feet, providing flexibility for various retail concepts. The mall enjoys a highly desirable location at the intersection of Routes 13 and 51, experiencing significant daily traffic of 21,500 vehicles on East Main Street. Its strategic position less than three miles from Southern Illinois University's campuses ensures a consistent flow of students and local residents. The strong co-tenancy includes national retailers such as Walmart, Lowe's, and Kroger, creating a vibrant and attractive shopping environment. This presents a unique chance to establish or expand a retail presence within a well-established and thriving regional mall, benefiting from high visibility and a substantial customer base. Multiple spaces are available, allowing for various business sizes and needs. The mall's anchor tenant status and extensive square footage provide a significant opportunity for growth and success. Contact us today to explore the available spaces and discuss your leasing options.

Property profile

Verified
Property type Shopping malls
Total area 691,484 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
  • Clothing & Fashion Store
  • Clothing Store Fashion Accessories Store
  • Clothing Store Baby Clothing Store
  • Discount Store
  • Clothing Store Fashion Accessories Store

Location

1237 Main St Carbondale, IL 62902
Carbondale metro
Google Maps

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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