Monticello Plaza

501 Tolle Ln, Godfrey, IL 62035

Strong National Tenant Lineup
Necessity-based neighborhood center anchored by:
Ruler Foods (Kroger Credit)
Dollar General
Significant Leasing Momentum in past 24 months
Five new Leases have been executed since the beginning of 2024
Dollar General exercised their option multiple years early with no Landlord concessions
Minimal Risk Exposure with Upside
80% occupied with seven vacant spaces (19,375 SF) offering value-add lease-up potential at market rates
Ruler Foods by Kroger ($3.57/SF) and Dollar General ($4.39/SF) paying below-market rents
0.75 AC Outparcel pad available for Build to Suit or re-sale
Well-Balanced Tenant Mix
Service-based tenant roster (e.g. grocery, salons, gyms, and restaurants), which are internet-resistant and generate repeat customer visits
No Tenant represents more than 24% of the GLA, limiting renewal exposure
Submarket of St. Louis, MO
Top 25 MSA in the United States
Proximity to Major Traffic Drivers
1 mile from Walmart Center
Across Godfrey Road from Lewis & Clark Community College, which has a total enrollment north of 5,400 students
Godfrey Road experiences >21,000 vehicles per day
Positioned <2 miles from the interchange of Interstate 255 and Illinois Routes 67 and 111