Freestanding NNN
For Sale
Contact for pricing
5570 BELLEVILLE XING ST, Belleville, IL 62226
Purpose-built quick-service property includes an outdoor patio, drive-through, and corporate lease guarantee.
Property Size3,000 SF
Price / SF$608.70
Days on Market116
Property Features for 5570 BELLEVILLE XING ST
General Information
Standard status
Active
Size
3,000 SF
Class
A
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$105,000
Additional Details
Drive-Thru
Yes
Patio
Yes
Building Details
Year Built
2023
Buildings
1
Units
1
Tenancy
Single
Listing Agency:
Marcus & Millichap
(314) 889-2500
Listed By:
Alex Perez · License #MO 2005038930
Source:
Crexi
Added: May 7
Changed: Aug 29
Last Checked: Aug 29 at 7:41PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap
Investment Insights
Based on property information with market context.
Built in 2023, this freestanding quick-service restaurant contains approximately 3,000 square feet and was developed specifically for Freddy’s Frozen Custard & Steakburgers. The improvements include an outdoor patio and drive-through. The property is fully occupied under an absolute NNN lease, with the tenant responsible for taxes, insurance, and maintenance. Lease obligations are guaranteed by Freddy’s Frozen Custard LLC.
The initial lease term began March 8, 2023, and runs through March 31, 2038. Three additional five-year renewal options could extend the term through 30 years. Contractual rent increases are set at 10% every five years during the initial term and option periods. The offering conveys a 100% fee simple interest in the property at 5570 Belleville Crossing Street in Belleville, Illinois, within the St. Louis MSA.
The initial lease term began March 8, 2023, and runs through March 31, 2038. Three additional five-year renewal options could extend the term through 30 years. Contractual rent increases are set at 10% every five years during the initial term and option periods. The offering conveys a 100% fee simple interest in the property at 5570 Belleville Crossing Street in Belleville, Illinois, within the St. Louis MSA.
Key Highlights
- Freestanding 3,000‑square‑foot quick‑service restaurant built in 2023
- Outdoor patio and drive‑through included
- Absolute NNN lease with tenant responsible for taxes, insurance, and maintenance
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
191
Businesses Nearby
Explore this area
Business Placement
Demographics for 62226, IL
29,156
Population
13,285
Households
2.2
Avg Household Size
42
Median Age
33%
College-Educated
94%
High-School Grad
13.9 sq mi
ZIP Area
2,098
Density / Sq Mi
$66,018
Median Household Income
$43,284
Median Earnings
$946
Median Rent
$162,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
NNN property - Purpose-built quick-service property includes an outdoor patio, drive-through, and corporate lease guarantee.
Where is this nnn property located?
The property is located at 5570 BELLEVILLE XING ST Belleville, IL.
What is the asking price?
The asking price for this property is $1,826,086.
What are key features of this property?
This property features: Freestanding 3,000‑square‑foot quick‑service restaurant built in 2023; Outdoor patio and drive‑through included; Absolute NNN lease with tenant responsible for taxes, insurance, and maintenance
