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Sunrise Center II 1334 Central Park Dr 16,435 SF 100% Leased Retail Building O'Fallon, IL 62269 $3,100,000 ($188.62/SF) 8.20% Cap Rate
EXECUTIVE SUMMARY
• 100% Occupied 16,435 Square-Foot Strip Center Located in O’Fallon, IL | Part of the St. Louis-MSA with Over 2.8m People
• Situated in Regions #1 Retail Corridor with Over 2.7m Square-Feet of Retail |Immediately Surrounded by Major Traffic Drivers Including: Walmart (Ranks Top 30% with Over 2.5m Customers Per Year), Sam’s Club (Ranks Top 18% with Over 2.1m Customers Per Year), and Marcus Theaters (Ranks Top 7% in Country with Over 600k Customers Per Year)
• Premier Strip Center which Caters Extremely Well to Regional Demographics | National & Regional Service-Base/ Ecommerce-Proof Tenant Mix Which Includes Restaurant/Food, Medical Supplies, Financial, Indoor Golf, and Martial Arts
• Major Tenants Include BB.Q Chicken, Ray’s Restaurant, DP Golf Indoors, Global Medical, One Main Financial, and Song Martial Arts
• 5/6 Tenants have Annual Rental Increases | Major NOI Growth During Base-Term
• BB.Q Chicken | One of the Fastest Growing Franchises in the World with Over 3,500 Locations Across 57 Counties | Ranks Top 20% In Country and #1 Location in Illinois Per Placer.Ai | Major Traffic Driver for Center with Over 53,600 Customers Per Year
• Modest but Growing Rental Rates Currently Averaging Only $15/SF | BB.Q Chicken Just Signed New Leases at $17.34/ SF which is 14% Higher Than Center Average and Includes 2% Annual Bumps | Global Medical Signed Lease in 2023 at $16/SF which is 6% Higher Than Center Average
• Song Martial Arts and One Main Financial are Sites Longest Standing Tenants with Over 18.5-Years of Operational History | Accounts for 30.43% of GLA | No Remaining Options Beyond Current Term
• Landlord Favorable NNN Lease Structures | Full Recapture of Operating Expenses Including Taxes, Common Area Maintenance, Insurance + 3rd Party Management Fees
• Prime Hard-Corner Location Seeing Over 24,427 Vehicles Per Day | Situated Less Than 0.3 Miles from I-64 On/Off Ramp | I-64 Sees Over 78,800 Vehicles Per Day
• Dense and Affluent Demographics with Population Counts of 42,296 People within 1-Miles, 91,623 People within 3-Miles | Average Household Income In Excess of $115,000
• Consumer Spending within 5-Miles Exceeds $1.265 Billion Per Year | Region Includes Major Names Such as: Target (2 locations within 5-mile radius), Schnucks, HomeDepot, Burlington, Golf Galaxy, Dick’s, Hobby Lobby, HomeGoods, Lowe’s, Menards, Dierbergs, Aldi, Fresh Thyme, Chick-Fil-A, Raising Cane’s, Texas Roadhouse, Culvers, Starbucks, Chipotle, an Array of Small Shops
• O’Fallon is the 2nd Largest City in the Metro-East Region + Southern Illinois | Only 18-miles from Downtown St. Louis | St. Louis-MSA is the 23rd Largest Metro in the US | Home to Over 2.8m People | HQ for 10 Fortune 500 Companies + 6 Fortune 1000 Companies
• Situated in Regions #1 Retail Corridor with Over 2.7m Square-Feet of Retail |Immediately Surrounded by Major Traffic Drivers Including: Walmart (Ranks Top 30% with Over 2.5m Customers Per Year), Sam’s Club (Ranks Top 18% with Over 2.1m Customers Per Year), and Marcus Theaters (Ranks Top 7% in Country with Over 600k Customers Per Year)
• Premier Strip Center which Caters Extremely Well to Regional Demographics | National & Regional Service-Base/ Ecommerce-Proof Tenant Mix Which Includes Restaurant/Food, Medical Supplies, Financial, Indoor Golf, and Martial Arts
• Major Tenants Include BB.Q Chicken, Ray’s Restaurant, DP Golf Indoors, Global Medical, One Main Financial, and Song Martial Arts
• 5/6 Tenants have Annual Rental Increases | Major NOI Growth During Base-Term
• BB.Q Chicken | One of the Fastest Growing Franchises in the World with Over 3,500 Locations Across 57 Counties | Ranks Top 20% In Country and #1 Location in Illinois Per Placer.Ai | Major Traffic Driver for Center with Over 53,600 Customers Per Year
• Modest but Growing Rental Rates Currently Averaging Only $15/SF | BB.Q Chicken Just Signed New Leases at $17.34/ SF which is 14% Higher Than Center Average and Includes 2% Annual Bumps | Global Medical Signed Lease in 2023 at $16/SF which is 6% Higher Than Center Average
• Song Martial Arts and One Main Financial are Sites Longest Standing Tenants with Over 18.5-Years of Operational History | Accounts for 30.43% of GLA | No Remaining Options Beyond Current Term
• Landlord Favorable NNN Lease Structures | Full Recapture of Operating Expenses Including Taxes, Common Area Maintenance, Insurance + 3rd Party Management Fees
• Prime Hard-Corner Location Seeing Over 24,427 Vehicles Per Day | Situated Less Than 0.3 Miles from I-64 On/Off Ramp | I-64 Sees Over 78,800 Vehicles Per Day
• Dense and Affluent Demographics with Population Counts of 42,296 People within 1-Miles, 91,623 People within 3-Miles | Average Household Income In Excess of $115,000
• Consumer Spending within 5-Miles Exceeds $1.265 Billion Per Year | Region Includes Major Names Such as: Target (2 locations within 5-mile radius), Schnucks, HomeDepot, Burlington, Golf Galaxy, Dick’s, Hobby Lobby, HomeGoods, Lowe’s, Menards, Dierbergs, Aldi, Fresh Thyme, Chick-Fil-A, Raising Cane’s, Texas Roadhouse, Culvers, Starbucks, Chipotle, an Array of Small Shops
• O’Fallon is the 2nd Largest City in the Metro-East Region + Southern Illinois | Only 18-miles from Downtown St. Louis | St. Louis-MSA is the 23rd Largest Metro in the US | Home to Over 2.8m People | HQ for 10 Fortune 500 Companies + 6 Fortune 1000 Companies
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
16,435 SF
Building Class
B
Year Built
2006
Price
$3,100,000
Price Per SF
$188.62
Cap Rate
8.20%
NOI
$254,054
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
2.01 AC
Zoning
Commercial
Parking
112 Spaces (6.81 Spaces per 1,000 SF Leased)
Frontage
276’ on Central Park Dr
AMENITIES
- Corner Lot
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- BB.Q Chicken
- -
- -
- -
- -
- Dp Golf Center
- Arts, Entertainment, and Recreation
- -
- -
- -
- Global Medical Solutionz
- Wholesaler
- -
- -
- -
-
- Finance and Insurance
- -
- -
- -
Founded in 1912 as Commercial Credit Company, OneMain Financial is a publicly traded (NYSE:?OMF) consumer finance company headquartered in Evansville, Indiana. It operates through a hybrid model combining over 1,300 branches nationwide and digital platforms, offering personal installment loans, auto loans, credit cards, and optional credit insurance to nonprime customers. In 2015, OneMain emerged from Springleaf Financial following a merger that consolidated personal lending operations. As of 2024, the company reported approximately $5.7?billion in revenue, $509?million in net income, and maintained assets totaling around $25.9?billion. The Manassas, VA branch at Balls Ford Road is one of its many local locations. OneMain aims to support customers in consolidating debt, financing vehicle purchases, handling emergency expenses, and improving financial wellness through both in-person and online channels.
- Ray's Restaurant
- -
- -
- -
- -
- Song Martial Arts
- Educational Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| BB.Q Chicken | - | - | - | - | ||
| Dp Golf Center | Arts, Entertainment, and Recreation | - | - | - | ||
| Global Medical Solutionz | Wholesaler | - | - | - | ||
|
|
Finance and Insurance | - | - | - | ||
| Ray's Restaurant | - | - | - | - | ||
| Song Martial Arts | Educational Services | - | - | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
| Space | Size | Space Use | Position | Available |
| 5 | 3,500 SF | Retail | In-Line | 30 Days |
5
| Size |
| 3,500 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| 30 Days |
1 of 2
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
5
| Size | 3,500 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | 30 Days |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 03-25.0-301-009 | Improvements Assessment | $337,578 |
| Land Assessment | $177,951 | Total Assessment | $515,529 |
PROPERTY TAXES
Parcel Number
03-25.0-301-009
Land Assessment
$177,951
Improvements Assessment
$337,578
Total Assessment
$515,529
1 of 16
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Sunrise Center II | 1334 Central Park Dr
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