Alton, IL Shopping Centers for Lease
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Alton, IL Shopping centers Lease Rates & Market Statistics
Explore 4 Shopping centers for lease in Alton, IL on Realmo, a commercial real estate exchange covering the Alton area. The current inventory totals 43,146 square feet of properties.
Shopping centers lease rates in Alton range from $13 SF/Yr at the entry level to $13 SF/Yr at the top of the market, averaging $13 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $13 SF/Yr is 30% below the Illinois state average of $18.61 SF/Yr.
Alton accounts for 27% of the 15 shopping centers currently available across Madison County, where nearby markets include Granite City and Edwardsville. Shopping centers are one of the more limited space types in Alton, with just 4 listings currently available — a scarcity worth factoring into lease negotiations. Tenants comparing options may also consider Storefront properties (10 listings) elsewhere in the Alton market.
