10865 Lincoln Trl Fairview Heights, IL 62208

This exceptional investment opportunity presents a 59,386 square-foot shopping center in Fairview Heights, Illinois, boasting a 9.40% cap rate and an asking price of $8,500,000. The property, known as Commerce Plaza, is a two-building, single-story complex built in 2009 and currently enjoys 100% occupancy with four national tenants. These tenants, including BioLife Plasma Services, JOANN Fabric and Crafts, and the United States Army, are all on triple-net (NNN) leases, providing stable and predictable cash flow. BioLife Plasma Services recently signed a new 10-year lease, contributing to a weighted average lease term (WALT) of approximately 5.3 years. The property benefits from a dominant location near the intersection of Interstate 64 (90,000+ vehicles per day) and Highway 159 (40,000+ vehicles per day), placing it in the heart of a thriving retail corridor. Commerce Plaza enjoys synergistic traffic from nearby major retailers such as Lowe's, Fresh Thyme Market, and Hobby Lobby, as well as the St. Clair Square Super Regional Mall, which draws over 4.8 million visitors annually. The property's high visibility, convenient highway access, and strong sales performance from key tenants like JOANN and Party City make it a compelling investment. With over 113,000 residents within a 5-mile radius and 250,000 within 10 miles, Commerce Plaza serves a densely populated area. Furthermore, the tenants benefit from a scarcity advantage, being the only locations of their kind within a 17-mile radius. Rent bumps are included in the lease agreements. This well-maintained property, featuring a modern brick façade, offers a secure and lucrative investment opportunity.