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Piasa Center 500-518 W Delmar Ave
1,700 - 28,371 SF of Retail Space Available in Godfrey, IL 62035
Highlights
- Established shopping Center serving Alton, Illinois!
- 6 access points – 1 signalized intersection with 11,300 vehicles per day
- Close proximity to home Adams parkway and highway 67
- Over 570 Feet of frontage to West Delmar avenue and 209 feet of frontage to state street
- Abundant parking
- Directly adjacent to major retailers Schnucks, Walgreen’s, CVS, and Hardee’s
Space Availability (4)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 508B | 3,772 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $129.17 /m²/YR $10.76 /m²/MO $3,772 /MO $45,264 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste 510 | 6,357 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $129.17 /m²/YR $10.76 /m²/MO $6,357 /MO $76,284 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste 512-516 | 16,542 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $129.17 /m²/YR $10.76 /m²/MO $16,542 /MO $198,504 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste 520B | 1,700 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $129.17 /m²/YR $10.76 /m²/MO $1,700 /MO $20,400 /YR | Triple Net (NNN) |
500-518 W Delmar Ave - 1st Floor - Ste 508B
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
500-518 W Delmar Ave - 1st Floor - Ste 510
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
500-518 W Delmar Ave - 1st Floor - Ste 512-516
- Lease rate does not include utilities, property expenses or building services
520 W Delmar Ave - 1st Floor - Ste 520B
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
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 FOR 500-518 W Delmar Ave , Godfrey, IL 62035
| Center Type | Neighborhood Center | Gross Leasable Area | 68,046 SF |
| Parking | 74 Spaces | Total Land Area | 4.41 AC |
| Center Properties | 2 | Year Built | 1992 |
| Center Type | Neighborhood Center |
| Parking | 74 Spaces |
| Center Properties | 2 |
| Gross Leasable Area | 68,046 SF |
| Total Land Area | 4.41 AC |
| Year Built | 1992 |
About the Property
Introducing a prime leasing opportunity in Alton, IL. This established shopping center offers a range of vacant spaces, from 1,700 to 10,129 square feet. Discover exceptional visibility with over 570 feet frontage on W. Delmar Ave and 209 feet frontage on State Street. Enjoy easy access through six entry points, including a signalized intersection accommodating 11,300 daily vehicles. Ample parking ensures convenience for customers. Benefit from a strategic location near Homer Adams Parkway and Hwy 67. Plus the advantage of being adjacent to major retailers like Schnucks, Walgreen’s, CVS, and Hardee’s.
-
Caleb Anthonis -
Manor Real Estate
Learn More About Leasing Retail Properties
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Piasa Center | 500-518 W Delmar Ave
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