2347 OLD COLLINSVILLE RD Belleville, IL 62221
Automotive retail center with flex space, storage, and garage.
- Added:
- May 22, 2026
- Days on Market:
- 54
- Last Refresh:
- May 27 at 8:17 am
Property Features for 2347 OLD COLLINSVILLE RD
General Information
- Standard status
- Active
- Size
- 9,303 SF
- Property subtype
- Retail, Industrial
Building Details
- Year Built
- 2003
Listing office Klamen Commercial Advisors
Listing date May 22, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Klamen Commercial Advisors
Investment Insights
Based on property information with market context.
Key Highlights
- Rare combination of retail storefront aesthetic with industrial‑grade functionality.
- 9,303 square feet of retail flex space (7 suites).
- Currently operating as an automotive retail center.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $90.4k | $9.72 |
| − Vacancy | −$5.0k | −$0.53 |
| EGI | $85.5k | $9.19 |
| − OpEx | −$25.6k | −$2.76 |
| NOI | $59.8k | $6.43 |