The St. Louis office of commercial real estate firm Avison Young has been retained to sell or lease 19.94 acres of auto mall properties in O’Fallon, Ill. The current tenant, Auffenberg Auto Group is vacating the properties for a new facility in Shiloh.
The St. Clair Auto Mall is comprised of nine parcels totaling 19.94 acres. Each parcel features an auto dealer retail/showroom building. The sale or lease of these properties offers an opportunity for either an auto dealer or other retailer requiring a strong foothold in the Southern Illinois retail market.
The properties are located in a significant trade area with visibility from Interstate 64 and West Highway 50. Some of the land is likely to be redeveloped into other retail uses, but there is opportunity for another auto dealer to operate in all/or some of the available properties, the real estate firm said.
Avison Young Principals Timothy C. Convy, CPM and Brian Kelley are exclusively representing the property owner.
“We know the community of O’Fallon, Ill., has been waiting to see what will happen at this site and the Avison Young team is excited to bring these properties to market,” said Kelley, “Our goal with this assignment is to provide the best outcome for both our client and the City of O’Fallon, Ill.”
AERIAL PHOTO: The St. Louis office of Avison Young has been awarded exclusive agency to sell and/or lease the nine parcels that comprise St. Clair Auto Mall in O’Fallon, Ill., shown within boundaries here. The nine properties total 19.94 acres. The current tenant, Auffenberg Auto Group, will be vacating the properties in 2022.