5720 BeltBelleville, IL 62226

  • Commercial real estate
  • 54,179 SF
For Lease

Property Details for 5720 Belt

Year built
1976
Construction
STEEL FRAME
Lot size
9.26 AC
Property size (Sq ft)
54,179 SF
Property type
Commercial real estate
APN
08-18-0-100-028
APU
8180100028

Description

Country Club Plaza, located at 5720 N Belt W in Belleville, IL 62226, presents a compelling retail investment opportunity. This 86,867 square foot shopping center sits on a 0.26-acre lot in the thriving Metro East submarket of St. Louis, the second largest population center in Illinois, boasting over 700,000 residents. The property benefits from a prime location at the high-traffic intersection of N Belt West and Frank Scott Parkway, ensuring excellent visibility and accessibility for potential tenants and customers. Currently, one retail space of 1,250 square feet is available for lease. The center features Schnucks as an anchor tenant, providing strong draw power and contributing to a vibrant shopping environment. Recent cosmetic upgrades have further enhanced the property's appeal, attracting new food and service tenants and indicating a positive trajectory for leasing activity. This multi-tenant shopping center in St. Clair County offers a strong foundation for future growth and profitability within a densely populated and dynamic market. The property's strategic location and established tenant base make it an attractive investment for those seeking exposure to a robust retail market in the Metro East region of Illinois.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $14,175,109
    Hospitality
    $12,984,324
    Educational
    $10,802,805
    Medical
    $11,174,330
    Retail
    $16,804,364
5720 Belt, Belleville, Illinois

Location Insight

City
Belleville
County
St. Clair
State
Illinois
Latitude
38.5407
Longitude
-90.0347
CBSA code
41180
CBSA name
ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$121,455
$170,881
$1,123,039
$1,293,920
-
$512,643
$3,369,117
$3,881,760

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].