Fairview Park Plaza

Centralia, Illinois
Shnucks GalBig LotsgoodAMCByrd WatRent AHibbettFirestoneShoe SensSonic 2

Offering Highlights

Opportunity to acquire a well-located 274,215 square foot grocery-anchored regional shopping center in the area's only significant trade zone.

Fairview Park Plaza is 70.7% leased to twenty-nine tenants. Twelve tenants have been at the center for over ten years and thirteen have remaining rent increases.

Schnucks is experiencing strong sales and pays percentage rent.

Leasing activity has been strong and Schnucks, Maurices, Rent-A-Center, Sears Hometown Store, Sprint and Tequila Mexican Restaurant have renewed within  the past year.

Outstanding prospect to increase yield through lease-up of vacant space and rolling to market rents.

The investment will be delivered unencumbered by a financing arrangement.

Status: Sold

Marketing Team

Chris LaBounty
o: (630) 990-7997
c: (630) 263-2603
John May
o: (630) 990-7979
c: (630) 379-4500