450 Regency Park
O'Fallon, IL 62269
Retail Property For Sale

3,370 SF two-tenant retail building is 100% NNN Leased to Simmons Bank and Lion’s Choice (sublessor) with approximately 13 years remaining on the lease. Lion’s Choice occupies 2,410 SF and Simmons Bank occupies 960 SF. Ideally situated, 450 Regency Park is located off major thoroughfare N Green Mount Rd with proximity to the new 224-bed HSHS St. Elizabeth’s Hospital; a 128-room Hilton Garden Inn; a 100-room Hampton Inn Hotel (under construction); a 90-room Towne Place Suites by Marriott (under construction); and The Regency Conference Center, a 30,000 SF facility which holds weddings, corporate events, trade shows, etc. Favorable lease Terms: Lion’s Choice is required to pay percentage rent in the amount of 4% over $1,000,000 in sales, which flows through to owner. This offers new ownership upside potential as this location should see significant growth with the addition of breakfast hours and access to a 24-hour customer base with HSHS St. Elizabeth’s Hospital and nearby hotels.