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Joseph Cannon Wy 3,200 - 140,000 SF of Retail Space Available in Marion, IL 62959
Highlights
- Strategically located less than one mile from I-57 with easy access to Highway 13.
- High traffic counts with over 78,000 combined vehicles per day on nearby highways.
- Pad sites, big-box spaces, and small shop opportunities available for lease or build-to-suit.
- Part of the Illinois STAR Bond District, a major retail and entertainment hub.
- Surrounded by national retailers and major anchors, including Walmart, Target, and Home Depot.
- Close proximity to major attractions like Oasis Sports Complex and Kokopelli Golf Club, drawing significant visitor traffic.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,200-140,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Oasis Shopping Center offers a premier retail leasing opportunity in Marion, Illinois, strategically located along Joseph Cannon Way with immediate access to Highway 13 and less than one mile from the I-57 full diamond interchange. This high-visibility retail destination is designed to accommodate a mix of big-box retailers, small shop spaces, and pad sites, making it ideal for national brands and regional operators seeking a strong presence in Southern Illinois’ fastest-growing commercial corridor. The development is part of the Illinois STAR Bond District, a dynamic hub for retail, dining, and entertainment that attracts visitors from over 70 miles away. The site benefits from exceptional traffic counts, with approximately 32,287 vehicles per day on Highway 13 and 46,555 vehicles per day on I-57, ensuring maximum exposure for tenants.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Site Plan
Property Facts
| Total Space Available | 140,000 SF | Total Land Area | 6.62 AC |
| Min. Divisible | 3,200 SF | Construction Status | Proposed |
| Property Type | Retail | Cross Streets | Sinclair Dr |
| Gross Leasable Area | 149,672 SF |
| Total Space Available | 140,000 SF |
| Min. Divisible | 3,200 SF |
| Property Type | Retail |
| Gross Leasable Area | 149,672 SF |
| Total Land Area | 6.62 AC |
| Construction Status | Proposed |
| Cross Streets | Sinclair Dr |
About the Property
Surrounding the property are major traffic generators, including the Oasis Sports Complex, which draws more than 200,000 visitors annually, as well as Kokopelli Golf Club and a robust mix of national retailers such as Walmart, Target, Home Depot, and Sam’s Club. The trade area boasts a population of over 150,000 within 20 miles, supported by strong household incomes and a thriving retail market. With flexible options for ground leases, build-to-suit opportunities, and a variety of shop sizes, Oasis Shopping Center is positioned to become a dominant retail destination in the region.
Nearby Major Retailers
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Joseph Cannon Wy
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