Fairview Park Plaza

Summary
PROPERTY TYPE: Grocery Anchored
SIZE: 271,815 SF
LOCATION: Centralia, IL
ANCHORS: Schnucks Supermarket, Sonic Burger, Big Lots

Fairview Park Plaza

Centralia, IL

Investment Highlights

  • Increased occupancy from 77% to 87%
  • Secured a lease with the following tenants:
    • Big Lots for 22,000 SF
    • 20 year outparcel lease with Sonic Burger
    • Goody’s
    • Extended Schnucks lease by 10 years
  • Managed over $2.1 million of capital expenditures and tenant improvements.
  • Increased NOI from $583,000 to $914,000