187 Auto CtO'Fallon, IL 62269

Property Details for 187 Auto Ct

Year built

1989

Lot size

2.38 AC

Property size (Sq ft)

3,104 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

This exceptional investment opportunity presents a 3,104 square foot retail shopping center situated on a 2.38-acre lot in O'Fallon, Illinois. Located at 187 Auto Ct, 62269, this property boasts a prime location at a signalized intersection on Highway 50, enjoying high visibility and direct access. The site benefits from an impressive 25,700+ vehicles per day passing by, ensuring significant exposure. As an outparcel of the established Lincoln Crossing Shopping Center, this property enjoys the strong co-tenancy of Home Depot and Walmart, generating a combined $58.5 million in annual sales and driving substantial customer traffic. The existing building is a turnkey auto dealership, complete with 155 parking spaces, ready for immediate occupancy. Built in 1989, the property is zoned B2 Commercial, offering flexibility for various retail uses. This is a rare opportunity to acquire a well-positioned, high-traffic retail property in a thriving market. The asking price is $1,300,000.

Location Insight

City

O'Fallon

County

St Clair

State

Illinois

Latitude

38.5957

Longitude

-89.9596

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