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Alton Corners Shopping Center 309-319 Homer M Adams Pky 1,500 SF of Retail Space Available in Alton, IL 62002

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SPACE AVAILABILITY (1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor, Ste 317C
  • 1,500 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Triple Net (NNN)
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

Previous two tenants have been a hair salon. Most of the required plumbing is still in place.

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Professional Services Office
  • Surrounded by national retailers
  • High visibility and accessibility from Homer Adams
Space Size Term Rental Rate Rent Type
1st Floor, Ste 317C 1,500 SF Negotiable Upon Request Upon Request Upon Request Upon Request Triple Net (NNN)

1st Floor, Ste 317C

Size
1,500 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

Previous two tenants have been a hair salon. Most of the required plumbing is still in place.

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Professional Services Office
  • Surrounded by national retailers
  • High visibility and accessibility from Homer Adams

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 1,500 SF
Property Type Retail
Gross Leasable Area 50,063 SF
Year Built 2002

ABOUT THE PROPERTY

Alton, Illinois, is located just 15 miles north of downtown St. Louis, Missouri. Alton Corners Shopping Center is conveniently located in a major trade area on Homer Adams Parkway. Homer Adams Parkway, the Main Retail Corridor in Alton, is part of Illinois Route 3 the primary gateway to St. Louis from Alton, which includes Target, The Home Depot, and Kohl’s.

  • Air Conditioning

ATTACHMENTS

Alton Flyer

NEARBY MAJOR RETAILERS

Applebee's
IHOP
Fazoli's
Red Lobster
Steak ‘n Shake
Golden Corral
Chase
Lewis Toyota Of Garden City
Olga's Kitchen
CNB Bank
  • Listing ID: 29287098

  • Date on Market: 2024-04-22

  • Last Updated:

  • Address: 309-319 Homer M Adams Pky, Alton, IL 62002

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