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    525-547 Troy Plz Troy, IL 62294

    For Lease
    $13 SF/Yr ($1,293 /Mo)

    Retail spaces available in well-located Troy Plaza Shopping Center.

    Property size:
    1,194 SF
    Lot size:
    3.61 Acres

    Property Features for 525-547 Troy Plz

    General Information

    Size
    1,194 SF
    Lot size
    3.61 Acres

    Source: Manor Real Estate Agent Caleb B Anthonis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Troy Plaza

    Troy Plaza Shopping Center, under new ownership, presents leasing opportunities with spaces ranging from 1,184 to 2,416 square feet available immediately. This neighborhood center is located off IL-162, less than a mile from Highway 55, providing accessibility. The center's co-tenants include Subway and China King. Pylon signage is available. The location benefits from approximately 11,600 vehicles passing daily.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Madison
    State
    Illinois
    Longitude
    -89.898373
    Latitude
    38.733249

    Nearby Similar for Lease

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      Office/Retail Building with Leasing Potential

      12,040 SF building with existing leases and available space.
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      Office Space Near Interstate Access

      Office space with lighted signage and easy interstate access.
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      Retail Space Available For Lease

      Retail space available in highly visible location.
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    FAQs

    What type of property is this?
    Shopping center - Retail spaces available in well-located Troy Plaza Shopping Center.
    Where is this shopping center located?
    The property is located at 525-547 Troy Plz Troy, IL.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - Prime location with excellent accessibility, situated just off IL-162 and less than a mile from Highway 55.; - High visibility with pylon signage available and approximately 11,600 vehicles passing daily.; - Leasing opportunities immediately available, ranging from 1,184 to 2,416 square feet.
    (636) 578-7627
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    525-547 Troy Plz Troy, IL 62294
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    Troy, IL 62294
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    525-547 Troy Plz Troy, IL 62294
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