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618-277-4400

Shoppes at Meridian Plaza - Prime Retail Suites

$28/SF - $30/SF

Listing Resources

Listing Description

86–88 Magnolia Drive offers a well-maintained, multi-tenant retail building positioned to serve the surrounding Glen Carbon community. The property features functional, flexible layouts suitable for a variety of retail and service-oriented users, with strong storefront visibility and convenient customer access. In-line and drive-thru availability.

Tenants benefit from ample on-site parking, efficient suite configurations, and a welcoming retail environment ideal for boutique, personal service, or neighborhood-focused businesses. The building provides an excellent opportunity to establish or expand within a stable and desirable Metro East submarket.

86–88 Magnolia Drive is ideally located in the heart of Glen Carbon, surrounded by established residential neighborhoods that provide a consistent and reliable customer base. The property offers convenient access to Illinois Route 159, with close proximity to Interstate 270 and Interstate 55, allowing for seamless connectivity throughout the Metro East and into the greater St. Louis region.

The immediate trade area continues to experience steady residential growth and strong household incomes, supporting sustained demand for retail and service users. Nearby retail and commercial development further enhances traffic to the area, making this location well-suited for businesses seeking visibility, accessibility, and proximity to a growing population base. Proximity to SIUE – 13,000+ students enrolled.

Lease Rate: $28.00/SF – $30.00/SF, NNN

Listing Details

Listing No : 3238
Sale Or Lease : For Lease
Property Type(s) : Retail, Retail - Store Front Retail, Restaurant/Bar
Building Size (Sqft) : 16,000 Sqft
Lot Size (Acres) : 2.50 Acre(s)
Lease Rate : $28/SF - $30/SF
Lease Type : NNN
Net Charges : $5.00
Building Total Sqft : 16,000 Sqft
Total Sqft Available : 4,671 Sqft
Min Divisible Sqft : 1,324 Sqft
Max Contiguous Sqft : 2,771 Sqft
Parcel No : 14-2-15-22-00-000-046
Zoning : General Commercial
Parking : 117
Parking Surface Type : Concrete
Tax Year : 2024
Traffic Count : 20,000
Year Built : 2024
Class : A
Roof : Flat - 2024
Floors : 1
Acres : 2.50 Acre(s)
Frontage : 350 ft
Depth : 270 ft

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