Machesney Park, IL Shopping Centers for Lease
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Shopping centers for Lease in Nearby Cities
Similar Spaces for Sale in Machesney Park, IL
Machesney Park, IL Shopping centers Lease Rates & Market Statistics
Explore 14 Shopping centers for lease in Machesney Park, IL on Realmo, a commercial real estate exchange covering the Machesney Park area. The current inventory totals 432,938 square feet of properties — an average of ~30,900 SF per listing.
Shopping centers lease rates in Machesney Park range from $16 SF/Yr at the entry level to $23 SF/Yr at the top of the market, averaging $18.67 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $18.67 SF/Yr is in line with the Illinois state average.
Shopping centers make up 41% of the 34 Retail properties & Spaces currently for lease in Machesney Park, with asking rates averaging $18.67 SF/Yr — 17% below the citywide Retail properties & Spaces average of $22.60 SF/Yr. Also worth a look for tenants weighing alternatives: Storefront properties (4 listings) elsewhere in the Machesney Park market.
