For Lease
$14-$15 /SF/YR

1500 Lakeland Mattoon Il Mattoon, IL 61938

Prime Mattoon location, 10+ spaces available.

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional commercial property, the Good Neighbor Shopping Center, presents a compelling investment opportunity in Mattoon, Illinois. Located at 1500 South Lakeland, this Class C retail center boasts a total of 31,585 square feet, offering multiple tenancy options. Currently, there are over 10,430 square feet of vacant space available, divisible into units ranging from a minimum of 612 square feet to a maximum contiguous space of 1,470 square feet. The property is zoned C-3 and was built in 1980. Its strategic location near Interstate 57 and Lakeland College, with its 7,500+ student population, provides excellent access to a substantial consumer base. Furthermore, the center benefits from a strong local workforce, with approximately 8,000 daytime workers in the immediate area. Major regional employers such as GE, UPS, Rural King, Pinnacle Foods, and Sarah Bush Lincoln Health Center Services contribute to the robust local economy and provide a consistent flow of potential customers. This versatile property is suitable for a variety of retail, office, and restaurant uses, making it an ideal investment for both established businesses and new ventures seeking a prime location in a thriving community within Coles County, Illinois, zip code 61938.

Highlights

  • 800-2,300 SF of available retail space.
  • Strong tenant mix anchored by Family Dollar and a grocery store.
  • Excellent freeway access via I-57.
  • High traffic area near Lake Land College (4,583 students).
  • Significant daytime population of 8,000 workers.
  • Stable tenancy with long-term leases.

Property Details for 1500 Lakeland Mattoon Il

Property type
Power centers, Retail properties
RSF (Rentable sq. ft)
31,585 SF
Class
C
Year Built
1980

Unit(s) available at that property

Space
Suite 1526
Size
1,250 SF
Rate per SF
$14
Space
Suite 1528
Size
1,470 SF
Rate per SF
$14
Space
Suite 1532
Size
987 SF
Rate per SF
$15
Space
Suite 1504
Size
1,000 SF
Rate per SF
$14
Space
Suite 1512
Size
809 SF
Rate per SF
$14
Space
Suite 1530
Size
819 SF
Rate per SF
$14
Space
Suite 1516A
Size
817 SF
Rate per SF
$14
Space
Suite 1502A
Size
1,000 SF
Rate per SF
$14
Space
Suite 1518
Size
1,475 SF
Rate per SF
$14
Space
Suite 1518
Size
1,475 SF
Rate per SF
$14

Location Insight

City
Mattoon
County
Coles
State
Illinois
Latitude
39.4086583
Longitude
-88.4370744

FAQs

What type of property is this?
Power center - Prime Mattoon location, 10+ spaces available.
Where is the power center located?
The property is located at 1500 Lakeland Mattoon Il Mattoon, IL.
What is the lease rate?
The lease rate is $14-$15 /SF/YR.
What are key features of this property?
This property features: 800-2,300 SF of available retail space.; Strong tenant mix anchored by Family Dollar and a grocery store.; Excellent freeway access via I-57.
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.
How do I access a private listing?
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1500 Lakeland Mattoon Il
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