Value-Add Drive-Thru Retail/Office | St Louis 2100 S Illinois St 1 119 m² 16 % Loué Bureau Vente aux enchères en ligne Belleville, IL 62220

BarberMurphy Group is pleased to exclusively present the opportunity to acquire the fee simple interest in 2100 S Illinois Street, a versatile, multi-tenant retail and office facility with a prime location in Belleville, Illinois. Currently 16% occupied on a NNN lease agreement through 2029, the facility provides existing income as well as approximately 10,114 square feet that can be utilized for a new owner/user’s operations or divided into two to five unique suites for individual leasing. With a mix of high-end, fully built-out space and flexible shell suites, the property presents an ideal option for use as offices, storefront retailers, restaurants, professional services, banks and credit unions, medical offices, and much more.

2100 S Illinois Street presents an expertly maintained, freestanding facility that spans 12,040 square feet and was originally built in 2008 on a 1.51-acre lot. It features an eye-catching farmhouse-inspired design with a covered walkway reminiscent of a front porch, dormer windows, and several cupolas. The roof was recently replaced by current ownership and comes with a transferable warranty. The occupied portion of the building comprises a ±1,926-square-foot end cap occupied by Lutz Insurance Agency on fully NNN terms with a recently signed extension to stay in the space through 2029.

The vacant end cap unit at 2100 S Illinois Street was formerly utilized as a bank, and boasts over $1.5 million in tenant improvements, giving it a turnkey build-out across 4,631 square feet. After passing through a windowed vestibule, the bank greets clients with a bright lobby and waiting area with multiple service desks, connecting to four private offices, a manager’s office, a file room, storage/utility spaces, a breakroom with a kitchenette, and a security vault with a Class II Vault door. The suite is defined by high-end finishes such as recessed lighting, a custom decorative glass partition separating the lobby from the drive-up area, high ceilings, and large windows. A three-lane drive-thru is attached to the bank suite, offering a service window, an ATM, and a pneumatic tube system. The remaining vacancies include a built-out in-line suite that was formerly occupied by Edward Jones, and approximately 4,200 square feet of flexible shell space that possesses 16-foot ceilings that make the suite flexible for variety of uses including data storage. All miscellaneous office furniture and equipment depicted in the photography will be left for future use.

Situated in an easily accessible location less than 1 mile from Illinois Route 15, 2100 S Illinois Street places tenants just five minutes from downtown Belleville and 25 minutes from Downtown St. Louis. The site has direct frontage to Highway 159, the main north/south artery of Belleville that offers exposure to more than 11,000 daily passing vehicles. Equipped to handle these elevated traffic counts, the property boasts prominent pylon and suite signage and on-site parking for 48 vehicles.

Belleville offers a compelling destination for both owners and investors seeking a foothold in this vibrant trade area. At present, the local retail and office submarkets remain steady, with retail vacancies at 8.7% and office vacancies at 3.8%. Over the past 12 months, rental rates have increased by 1.7% for offices and 1.1% for retail spaces, allowing investors to capture rising rents and owners to avoid rising rents in a submarket with increasingly difficult barriers to entry. With no new retail or office space currently under construction in the area, 2100 S Illinois Street is positioned for continued success in this high-demand commercial hub. A robust demographic profile within 10 miles of the facility provides added support for local businesses. It includes more than 172,000 residents with an average household income exceeding $95,000, resulting in impressive consumer spending of over $2.2 billion during 2024.

Seize this rare offer combining stable, low-maintenance income with robust occupancy or leasing upside and a prime location in the Belleville suburb of St. Louis at 2100 S Illinois Street.

Property tours are by appointment only. Please contact the listing broker to schedule.