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15 Ludwig Dr
Fairview Heights, IL 62208
Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Restaurant
Building Size
6,121 SF
Building Class
B
Year Built/Renovated
1992/2002
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.58 AC
Zoning
Commercial
Parking
100 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
218’ on Ludwig Dr

Amenities

  • Dedicated Turn Lane
  • Freeway Visibility
  • Pylon Sign
  • Signage

About 15 LUDWIG DR , FAIRVIEW HEIGHTS, IL 62208

Colliers National Retail Group is pleased to offer For Sale, 15 Ludwig Drive in Fairview Heights, Illinois, a former Houlihans/TBD restaurant. The property consists of a 6121sf building on 1.58 acres of land adjacent to the Fairview Plaza Shopping Center. The casual dining property was previously occupied by TBD, a concept owned by parent Houlihan’s Restaurants Inc. The property is situated right off Interstate 64 at the corner of 159 & Ludwig Drive and features an 80’ high rise pole sign for excellent visibility from I-64 with 89,600 cars per day and 22,800 on 159. The property features a 6100+ square foot masonry building, 85+ parking spaces, glass garage doors that open to a spacious patio and seating. The property is in close proximity to Red Lobster, Jack Crab, Olive Garden, TGI Fridays, MX Mexican, Lotawata Creek, Shogun, Cheddars and Ruby Tuesdays. It is across the street from the largest movie theater in the area, Marcus 10 St Clair Cinema. There are about 1000 Hotel rooms surrounding the property with brands such as Drury Inn, Hampton Inn, Sheraton, Super 8, Comfort Inn and La Quinta Inn. Fairview Heights is the dominant retail and entertainment area for Southern Illinois and a destination for 350,000 people in the region. St Clair Square Mall is one of the top malls in the St Louis MSA and one of the top performers in the region with consistent occupancy exceeding 90%. Nearby employers include FBI, Scott Air Force Bases, Boeing, St Elizabeth’s Hospital. Fairview Heights is also home to two of the preeminent golf courses in the area- Far Oaks and Stonewolf.

Property Taxes

Property Taxes

Parcel Number
03-21.0-402-002
Land Assessment
$289,001
Improvements Assessment
$190,475
Total Assessment
$479,476
  • Listing ID: 17219152

  • Date on Market: 9/17/2019

  • Last Updated:

  • Address: 15 Ludwig Dr, Fairview Heights, IL 62208

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