Published on: Monday, August 19, 2024
Updated on: Monday, August 19, 2024
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About the Lister
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Name: Chandler Dignam
Company: Anchor Point Capital
Office Phone: 714-928-9617
Cell Phone: 714-928-9617
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  Swansea Shops
2708 N Illinois St Belleville Illinois , 62226
2708 N Illinois St Belleville Illinois , 62226  Anchor Point Capital
Listing ID: CL-Illinois-11433

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: Contact Lister
Commission Split (%): 0
Quick Glance
Listing ID: CL-Illinois-11433
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: 100%
Year Build: 1997
Building Size: 7,004.00 SqFt
Lot Size: N/A
No of Stories: 1
No of Parking: 31
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Listing Summary
Income-Tax Free State of Texas; Located One Block from I-69; Over 90,000 Vehicles Per Day; Located Approximately 25 miles from Downtown Houston
Complete Details
Year Build: 1997
Building Size: 7,004 SqFt.
No of Stories: 1
Total Lot Area: N/A SqFt.
No of Parking: 31
No of Total Units: 1
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: Not Specified
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 100%
Full Description
Tenant Responsibilities; Taxes, Insurance, CAM’s, Parking Lot, & HVAC; Landlord Responsibilities Limited to Roof and Structure- Warranty Transferrable Quality Construction Delivered in 2017; Weighted Average Lease Term: 4.3 Years Remaining; Personal Guarantee on Each Lease Direct Access to Sovereign Shores Estates; One of the most Prominent Residential Neighborhoods in Houston - Average Home Price is $2.5-$4.5M Attractive Lease Structures; Annual Primary Term Rent Increases - Accelerated Rent Growth; Ideal Buildout; 2,100 Sqft Average Tenant Suit Over 65% Population Growth within 1 Mile; Affluent Houston Submarket; Average HH Income Exceeding $130k
Additional Properties
Property Highlights
  • 100% Occupied Center
  • Hard Corner Signalized Location
  • 19,000 VPD
  • Land Acres 2.27 AC
  • Frontage: 180 FT on North Illinois Street
  • Corner Lot ,Signage Monument, Signage, Air Conditioning
Listing Location
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Title: Swansea Shops
Address: 2708 N Illinois St , Belleville Illinois 62226
Listing ID: CL-Illinois-11433
Listing Type: Commercial
Category: Retail - Free Standing
Status: Accepting Offers
Created On: 8/19/2024
Modified On: 8/19/2024
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