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State Street Shopping Center State St 1,400 - 6,650 SF of Retail Space Available in East Saint Louis, IL 62201
HIGHLIGHTS
- Established dual-grocer anchored shopping center
- Excellent positioning at all four (4) corners of signalized intersection
- Two blocks south of interstate 64
- National retail co-tenancy includes Walgreens, Family Dollar, O’Reilly, Rainbow & Save-A-Lot
- Pylon signage available
- Tenant broker incentives available!
SPACE AVAILABILITY (4)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 10 | 1,600 SF | Negotiable | $14.00 /SF/YR $1.17 /SF/MO $22,400 /YR $1,867 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 11 | 2,150 SF | Negotiable | $14.00 /SF/YR $1.17 /SF/MO $30,100 /YR $2,508 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 8 | 1,500 SF | Negotiable | $14.00 /SF/YR $1.17 /SF/MO $21,000 /YR $1,750 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 9 | 1,400 SF | Negotiable | $14.00 /SF/YR $1.17 /SF/MO $19,600 /YR $1,633 /MO | Triple Net (NNN) |
2516 State St - 1st Floor - Ste 10
Suite 10 - 2545 State Street
- Lease rate does not include utilities, property expenses or building services
2516 State St - 1st Floor - Ste 11
Suite 11
- Lease rate does not include utilities, property expenses or building services
2516 State St - 1st Floor - Ste 8
Suite 8 - 2529 State Street
- Lease rate does not include utilities, property expenses or building services
2516 State St - 1st Floor - Ste 9
Suite 9 - 2537 State Street
- Lease rate does not include utilities, property expenses or building services
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.
PROPERTY FACTS
| Total Space Available | 6,650 SF | Frontage | State St & 25th St |
| Center Type | Community Center | Gross Leasable Area | 170,750 SF |
| Parking | 40 Spaces | Total Land Area | 27.33 AC |
| Center Properties | 9 | Year Built | 2000 |
| Total Space Available | 6,650 SF |
| Center Type | Community Center |
| Parking | 40 Spaces |
| Center Properties | 9 |
| Frontage | State St & 25th St |
| Gross Leasable Area | 170,750 SF |
| Total Land Area | 27.33 AC |
| Year Built | 2000 |
ABOUT THE PROPERTY
State Street shopping center is the dominant retail hub within the East St. Louis trade area, which boasts over 23,000 in population within a 3-mile radius. Located just two blocks South of I-64, State Street is easily accessible via the interstate and two (2) signalized intersections along State Street. Existing national co-tenants include Sav-A-Lot, Rainbow, Family Dollar, DTLR, O'Reilly, Walgreens, Gen-X and H&R Block. With excellent pylon signage and recently renovated storefronts, State Street is the location for your growing business!
- Signalized Intersection
Presented by
State Street Shopping Center | State St
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