Property profile

2406 Williamson County Pkwy Marion, IL 62959

OFF-MARKET
Commercial real estate
Property ID
US28-4357979
Entity Owned Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This 24,500 square foot shopping center in Marion, IL, offers a compelling investment opportunity. Built in 2007 and situated on 2.45 acres, the property boasts 100% occupancy with eight tenants, including a Dollar Tree anchor. All leases are triple-net (NNN), providing a stable income stream. The center benefits from a prime location on Williamson County Parkway, shadow-anchored by a top-performing Walmart Supercenter, and surrounded by numerous national retailers. The property's strong tenant base, high occupancy rate, and desirable location contribute to a robust NOI of $368,758 and an 8.25% cap rate. Average household incomes within a 10-mile radius exceed $78,000, indicating a strong consumer base. The asking price is $4,469,794, representing $182.44 per square foot. This fully stabilized asset presents a rare opportunity for investors seeking a secure and profitable retail investment in a thriving Southern Illinois market. The property is part of a larger retail trade area, serving as a key commercial hub in the region. The center's proximity to major roadways and numerous hotels further enhances its visibility and accessibility. This is a turn-key investment with a proven track record of success. 76% of the gross leasable area is occupied by national retailers, providing stability and reducing tenant turnover risk. The property's location within the Marion-Herrin Micropolitan Area and the Carbondale-Marion-Herrin Combined Statistical Area ensures access to a large and diverse customer base.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
APN 06-10-476-002
UPID US28-4357979

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
  • Restaurant
  • Hearing Aid Store Deaf Service
  • Hair Salon
  • (Bike/Boat/Book/etc) Store Alternative Medicine Practice
  • Restaurant

Location

2406 Williamson County Pkwy Marion, IL 62959-5271
Marion metro Census 21002 CARBONDALE-MARION, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2025
1 recorded transaction
2025
$4.3M

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2406 Williamson County Pkwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message