Humbert Corners Shopping Center - Alton, IL | 2708-2713 Corner Ct
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Humbert Corners Shopping Center - Alton, IL 2708-2713 Corner Ct
9,600 SF 100% Leased Retail Building Alton, IL 62002 $850,482 CAD ($89 CAD/SF) 9.20% Cap Rate
Investment Highlights
- Diverse Tenant Mix: A Well-Balanced Mix of Medical, Fitness and Service-Oriented Tenants That Cater to a Wide Range of Consumer Needs
- The Property is Near Dozens of National Tenants and Nearby Traffic Drivers Including: The Alton Square Mall, Target, PetCo, Ross Dress For Less Etc.
- Dentist Tenant Has Recently Made Renovations to the Building Showing Long Term Commitment to the Center
- Featuring 1,200 SF of Available Space, This Deal Presents an Immediate Value-Add Opportunity By Filling Vacancy With a Pro-Forma Cap Rate of 13.00%
- Offered at an Attractive Price Per Square Foot of $62.50
- Located Less Than 15 Minutes From St. Louis, Missouri, the 21st Biggest MSA in the Country With Over 2,800,000 People
Executive Summary
Sands Investment Group is Pleased to Exclusively Offer For Sale the 9,600 SF Humbert Corners Shopping Center Located at 2708-2713 Corner Court in Alton, IL. This Property Has a Diverse Tenant Mix That Caters to a Wide Range of Consumer Needs; Additionally, it Offers a Strong Historical Occupancy Rate. With One Vacancy, This Deal Provides an Immediate Value- Add Opportunity.
In Cooperation With Sands Investment Group Illinois, LLC - Lic. #481013714 BoR: Andrew Ackerman - Lic. IL #471021429
In Cooperation With Sands Investment Group Illinois, LLC - Lic. #481013714 BoR: Andrew Ackerman - Lic. IL #471021429
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
9,600 SF
Building Class
C
Year Built
2000
Price
$850,482 CAD
Price Per SF
$89 CAD
Cap Rate
9.20%
NOI
$78,223 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
0.99 AC
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- BD Sports Apparel
- Retailer
- 2,400 SF
- $8.50 CAD
- Aug 2028
- Dapper Bully Tattoo
- Retailer
- 1,200 SF
- $20.55 CAD
- Jun 2026
- Dr's Office
- Accommodation and Food Services
- 1,200 SF
- $17.72 CAD
- Jan 2025
- Functional Fitness
- Retailer
- 2,400 SF
- $8.36 CAD
- Oct 2025
- U.S. Nail Salon
- Retailer
- 1,200 SF
- $18.00 CAD
- Dec 2026
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| BD Sports Apparel | Retailer | 2,400 SF | $8.50 CAD | Aug 2028 | ||
| Dapper Bully Tattoo | Retailer | 1,200 SF | $20.55 CAD | Jun 2026 | ||
| Dr's Office | Accommodation and Food Services | 1,200 SF | $17.72 CAD | Jan 2025 | ||
| Functional Fitness | Retailer | 2,400 SF | $8.36 CAD | Oct 2025 | ||
| U.S. Nail Salon | Retailer | 1,200 SF | $18.00 CAD | Dec 2026 |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 23-2-08-06-13-301-004 | Improvements Assessment | $169,805 CAD |
| Land Assessment | $74,393 CAD | Total Assessment | $244,198 CAD |
PROPERTY TAXES
Parcel Number
23-2-08-06-13-301-004
Land Assessment
$74,393 CAD
Improvements Assessment
$169,805 CAD
Total Assessment
$244,198 CAD
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Humbert Corners Shopping Center - Alton, IL | 2708-2713 Corner Ct
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