Highland, IL Commercial Real Estate for Lease and Sale

Explore 23 listings of Highland commercial real estate to find the best space for your business.

HSHS St Joe's Highland Medical Office Building

12860 Troxler Avenue, Highland, IL
Property

Office

55,586 SF
Availability Contact for availability
Year Built

2013
For Lease Contact for pricing
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5 Commercial Court Lot 64

5 Commercial Court Lot 64, Highland, IL
Property

VacantLand

23,086 SF
For Sale

$3.25/SF
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5 Apex & 20-25 Apex Dr - Lot 1

5 Apex & 20-25 Apex Dr, Highland, IL
Property

VacantLand

0.35 Acre
For Sale

$129,900
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Apex Professional Park

5 Apex Drive, Highland, IL
Property

Office

1,855 SF
Availability

1 Space

1,855 SF
For Lease

$21.00/SF/YR
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What type of listing property are you looking for?

Office Retail

Retail Industrial Land
5 Apex & 20-25 Apex Dr - Lots 4-5

5 Apex & 20-25 Apex Dr, Highland, IL
Property

VacantLand

0.49 Acre
For Sale

$129,900
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1000 Broadway

1000 Broadway, Highland, IL
Property

Office

19,436 SF
Availability

4 Spaces

16,683 SF
Year Built

1982
For Lease

$15.00/SF/YR
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5 Commercial Court Lot 63

5 Commercial Court, Highland, IL
Property

VacantLand

22,651 SF
For Sale

$3.25
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Woodcrest Plaza

1328-1336 Mercantile Dr, Highland, IL
Property

Office

25,000 SF
Availability

1 Space

3,040 SF
For Lease

$14.00/SF/YR
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5 Commercial Court Lot 60

5 Commercial Court, Highland, IL
Property

VacantLand

20,908 SF
For Sale

$3.25/SF
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Highland Shopping Center

12603 State Route 143, Highland, IL
Property

Retail

25,500 SF
Availability

2 Spaces

4,379 SF
Year Built

2006
For Lease

$14.00/SF/YR
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U.S. Hwy 40 & Commerce Lane

U.S. Hwy 40 & Commerce Lane, Highland, IL
Property

VacantLand

26 Acre
For Sale

$1.90-$5.95/SF
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110 Walnut Street

110 Walnut Street, Highland, IL
Property

Retail

14,820 SF
For Sale

$4,308,000
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5 Commercial Court Lot 62

5 Commercial Court Lot 62, Highland, IL
Property

VacantLand

18,730 SF
For Sale

$3.25/SF
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U.S. Hwy 40 & Commerce Lane - Lot 11

U.S. Hwy 40 & Commerce Lane, Highland, IL
Property

VacantLand

0.8 Acre
For Sale Contact for pricing
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Highland Crossing

12551 State Rte 143, Highland, IL
Property

Retail

18,150 SF
Availability

2 Spaces

4,050 SF
For Lease

$17.00/SF/YR
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114 Executive Drive

114 Executive Drive, Highland, IL
Property

Office

16,091 SF
Availability

1 Space

907 SF
For Lease

$10.95/SF/YR
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Blue Ridge Crossing Pad Site

11901 E US 40 Hwy, South Independence, Independence, MO
Property

Retail
For Sale

$550,000
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U.S. Hwy 40 & Commerce Lane - Lots 1-4

U.S. Hwy 40 & Commerce Lane, Highland, IL
Property

VacantLand

17 Acre
For Sale Contact for pricing
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U.S. Hwy 40 & Commerce Lane - Lots 5-6

U.S. Hwy 40 & Commerce Lane, Highland, IL
Property

VacantLand

4.9 Acre
For Sale Contact for pricing
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5 Commercial Court Lot 61

5 Commercial Court, Highland, IL
Property

VacantLand

18,730 SF
For Sale

$3.25/SF
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U.S. Hwy 40 & Commerce Lane - Lots 8-9

U.S. Hwy 40 & Commerce Lane, Highland, IL
Property

VacantLand

2.47 Acre
For Sale Contact for pricing
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1405 Walnut St

1405 Walnut St, Highland, IL
Property

Industrial

21,000 SF
Year Built

1980
For Sale

$495,000
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U.S. Hwy 40 & Commerce Lane - Lot 10

U.S. Hwy 40 & Commerce Lane, Highland, IL
Property

VacantLand

0.8 Acre
For Sale Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Highland commercial real estate market incorporates 117,968 square feet of office space across 6 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Highland commercial real estate market includes 58,470 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities.

The listing inventory in Highland incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Highland is represented by Office space, which accounts for 22,485 square feet of available listings. Retail space available in Highland adds up to 8,429 square feet.

Meanwhile, most of the listings of commercial property for sale in Highland are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Highland is $15.11 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Highland can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Highland, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $17 per square foot.

The average size of a commercial property in Highland depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Highland, the average size of an office property is 23,594 square feet.
Retail properties here incorporate an average of 14,618 square feet.

Highland, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Highland currently add up to 30,914 square feet. The market offers 6 active office listing(s), which amount to 22,485 square feet and account for 75% of commercial spaces on the market. Local retail availability includes 8,429 square feet across 2 retail space(s).

Property Type	Count of Listings	Total SF
Office	6	22,485
Retail	2	8,429

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Highland, IL. Currently, there is 118,978 square feet of commercial property for sale here , which includes , 2 retail investment opportunity listing(s) .

Property Type	Count of Listings	Total SF
Retail	2	14,820
Other	13	104,158

Highland, IL Commercial Real Estate for Lease and Sale

HSHS St Joe's Highland Medical Office Building

5 Commercial Court Lot 64

5 Apex & 20-25 Apex Dr - Lot 1

Apex Professional Park

5 Apex & 20-25 Apex Dr - Lots 4-5

1000 Broadway

5 Commercial Court Lot 63

Woodcrest Plaza

5 Commercial Court Lot 60

Highland Shopping Center

U.S. Hwy 40 & Commerce Lane

110 Walnut Street

5 Commercial Court Lot 62

U.S. Hwy 40 & Commerce Lane - Lot 11

Highland Crossing

114 Executive Drive

Blue Ridge Crossing Pad Site

U.S. Hwy 40 & Commerce Lane - Lots 1-4

U.S. Hwy 40 & Commerce Lane - Lots 5-6

5 Commercial Court Lot 61

U.S. Hwy 40 & Commerce Lane - Lots 8-9

1405 Walnut St

U.S. Hwy 40 & Commerce Lane - Lot 10

Frequently Asked Questions

Highland, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Highland, IL Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Highland, IL?

What factors affect the price of commercial real estate in Highland, IL?

What is the average rent for commercial space in Highland, IL?

What are the best areas for commercial real estate in Highland, IL?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Highland, IL?

Highland, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us