- For Sale Contact for pricing
- Property Type Retail
- Property Size 210,489 SF
- Lot Size 19.09 Acre
- Year Built 1987
- Date Updated Jan 23, 2025
Proven Past Performance & Substantial Upside - Marketplace Shopping Center has a long history of success with occupancy and NOI averaging 82% and $1,009,489 respectively over the last 7-Years (2017 – 2024 excluding 2022 which is not in our possession). Currently at a historic low, incoming investors can substantially enhance In-Place NOI by leasing up 110,182 SF of vacant space thereby increasing In-Place NOI from $534,280 to $1,631,060 an approximate 300% increase.
Rare Infill Redevelopment Opportunity - Marketplace Shopping Center provides a rare redevelopment opportunity of a highly infill large contiguous property located in a top regional trade area. It features strong locational attributes, existing revenue through proven/tenured national retailers and the availability of public incentives.
Motivated Municipality with Public Incentives - Marketplace SC is in a vibrant pro-business environment. The property currently sits within a TIF District & Enterprise Zone with a municipality that is motivated to participate in the redevelopment of the property.
Auctioneer: Scott Bowers
Auctioneer License: 040000273
Reach out to the broker for more info on lease terms and amenities
False
Contacts
Location
Getting Around
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Walk Score ®
43/100
Car-Dependent
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Transit Score ®
32/100
Some Transit
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Bike Score ®
41/100
Somewhat Bikeable
- City Fairview Heights, IL
- Neighborhood Fairview Heights
- Zip Code 62208
- Market St Louis
Points of Interest
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Moto Mart
1.37 miles
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Hucks
1.89 miles
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Sam's Club
2.27 miles
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Shell
2.91 miles
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Circle K
3.25 miles
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Handi Mart
3.42 miles
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Zephyr Express
3.46 miles
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Motomart
3.82 miles
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BP
3.93 miles
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Hardee's Parking
2.38 miles
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Garden Ridge Parking
2.78 miles
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OTHS Parking
4.92 miles
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OTHS Faculty Parking
4.96 miles
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OTHS Weber Field Parking
5.12 miles
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O'Fallon Park and Ride
6.40 miles
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Metro Link Long Term Parking
6.86 miles
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Madison County Transit - Park and Ride
8.42 miles
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Semi-Truck Parking Lot
9.88 miles
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Red Lobster
0.22 miles
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Augustino's
0.24 miles
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Joe's Crab Shack
0.27 miles
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White Castle
0.28 miles
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Rio Grande MX Cocina
0.29 miles
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Imo's
0.29 miles
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Arby's
0.31 miles
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Taco Bell
0.32 miles
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Imperial Dragon Chinese Buffet
0.34 miles
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Olive Garden
0.34 miles
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Burlington
0.01 miles
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Fresh Thyme
0.30 miles
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Gordmans
0.34 miles
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American Freight
0.35 miles
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Macy's
0.54 miles
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Saint Clair Square Mall
0.59 miles
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JCPenney
0.62 miles
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Kohl's
0.62 miles
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Dillard's
0.69 miles
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Ross
0.72 miles
Frequently Asked Questions
The sale price for Servicer Sale: Value-Add St. Louis Shopping Center is available upon request. Contact the listing broker for more information.
Servicer Sale: Value-Add St. Louis Shopping Center totals 210,489 square feet.
Servicer Sale: Value-Add St. Louis Shopping Center was built in 1987.
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