Listed by Klamen Commercial Advisors
$742,523
2347 Old Collinsville Road
Details
APN 08140105028
Property Type Retail, Industrial
Sub Type Shopping Center, Auto Shop
Square Footage 9,303
Net Rentable (SqFt) 9,303
Units 7
Cap Rate 8.50%
NOI $63,114
Occupancy 100%
Tenancy Multi
Lease Type Modified
Remaining Term 2
Rent Bumps No
Price per SqFt $80
Class B
Year Built 2003
Buildings 3
Acreage 0.910
Tenant Credit No Credit Rating
Ground Lease No
Sale Condition N/A
100% Leased | Automotive Flex | Value-Add
Marketing description
Currently operating as an automotive retail center, the property features a rare combination of retail storefront aesthetic with industrial-grade functionality, including 9,303 square feet (7 suites) of retail flex, 6 self-storage units (1,440 square feet), and a 900 square foot garage.
Investment highlights
This property is 9,303 SF of versatile space situated on 0.91 AC in the heart of Belleville’s primary commercial corridor. Built in 2003, this masonry-constructed facility is perfectly suited for an owner-operator or an investor looking to capitalize on the robust traffic counts and value add opportunity.
Listing Contacts
Listed by Klamen Commercial Advisors
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$63,114.00
$5,259.50/mo
Valuation Metrics
0
DSCR
8.5%
Cap Rate
8.5%
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
