For Lease
$30-$32 /SF/YR

86 Magnolia Dr Glen Carbon, IL 62034

Glen Carbon, IL: Prime Retail Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
132
Meridian Plaza Building #1, located at 86 Magnolia Dr, Glen Carbon, IL 62034, presents a unique opportunity for fast-food and other retail businesses. This Class A, single-story building, constructed in 2024, offers multiple suites within a thriving mixed-use development situated at the Edwardsville/Glen Carbon border along Route 157. The property boasts high visibility and ample parking (6.25 spaces per 1,000 square feet), with customizable layouts ranging from 1,800 to 4,200 contiguous square feet. Five total suites are available, with a minimum divisible space of 1,800 square feet. The building is zoned commercial and benefits from its location near major anchors such as X Golf, F45 Gym, and Lottie’s Café. Future development plans include a pizza restaurant, oyster bar, and gas station, further enhancing the area's appeal and foot traffic. This prime location in the Southwest Illinois Retail Corridor offers unparalleled community synergy and premium lease terms starting at $30 per square foot per year (NNN). The property's strategic placement ensures high visibility and accessibility, making it an ideal location for businesses seeking a strong presence in a rapidly growing market. Contact us to learn more about this exceptional retail opportunity in Glen Carbon.

Highlights

  • Prime Edwardsville/Glen Carbon location on Route 157, offering high visibility and easy SIUE access.
  • Excellent co-tenancy with X Golf, F45 Gym, and Lottie’s Café.
  • 1,800 SF unit features a drive-thru.
  • New construction offering customizable interiors, individual HVAC control, and upscale finishes.
  • Situated in a burgeoning mixed-use development with retail, dining, and entertainment options.
  • Spaces ranging from 1,800 SF to 4,700 SF available, with competitive lease rates from $30/SF/YR.

Property Details for 86 Magnolia Dr

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
4,700 SF
Class
A
Year Built
2024
Stories
1

Unit(s) available at that property

Space
Available Space 2
Size
1,800 SF
Rate per SF
$32
Space
Available Space 1
Size
2,900 SF
Rate per SF
$30

Location Insight

City
Glen Carbon
County
Madison
State
Illinois
Latitude
38.7775415
Longitude
-89.9817046

FAQs

What type of property is this?
Retail property - Glen Carbon, IL: Prime Retail Opportunity
Where is the retail property located?
The property is located at 86 Magnolia Dr Glen Carbon, IL.
What is the lease rate?
The lease rate is $30-$32 /SF/YR.
What are key features of this property?
This property features: Prime Edwardsville/Glen Carbon location on Route 157, offering high visibility and easy SIUE access.; Excellent co-tenancy with X Golf, F45 Gym, and Lottie’s Café.; 1,800 SF unit features a drive-thru.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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86 Magnolia Dr
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