New Construction Freestanding Retail
6783 Moro Rd Edwardsville, IL
For Sale
Contact for pricing
New construction retail building with long-term NNN lease.
Property Size10,640 SF
Lot Size1.50 Acres
Price / SF$205.27
Days on Market388
Property Features for 6783 Moro Rd
General Information
Standard status
Active
Size
10,640 SF
Lot size
1.50 Acres
Property subtype
RETAIL
Listing Agency:
Cissell Mueller Company
(636) 262-0929
Listed By:
Robert D Cissell · License #1999024539
(636) 262-0929
Source:
Moodyscre
Added: Jul 8, 2025
Changed: Jul 6
Last Checked: Jul 21 at 6:31AM
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 Cissell Mueller Company
Investment Insights
Based on property information with market context.
This is a new construction, 10,640 square-foot freestanding retail building. It is subject to an absolute NNN lease with an annual rent of $141,961.56. The lease term is 15 years, with a commencement date of December 2025, and includes 5% rent increases every 5 years. The average CAP rate over the 15-year term is 6.94%. The initial CAP rate is 6.6%.
Key Highlights
- New Construction, 10,640 SF Freestanding Building
- Absolute NNN Lease
- Annual Rent: $141,961.56
Financial Insights For Retail
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 | $191.5k | $18.00 |
| − Vacancy | −$5.0k | −$0.47 |
| EGI | $186.5k | $17.53 |
| − OpEx | −$56.0k | −$5.26 |
| NOI | $130.6k | $12.27 |
10,640 SF · lease $18.00/SF/yr · vacancy 2.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.87M
$1.63M – $2.18M
NOI $130,578 @ 7.0% cap · market cap 5.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.90M
$2.54M – $3.38M
NOI $203,011 @ 7.0% cap · market cap 9.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Storefront property - New construction retail building with long-term NNN lease.
Where is this storefront property located?
The property is located at 6783 Moro Rd Edwardsville, IL.
What is the asking price?
The asking price for this property is $2,184,024.
What are key features of this property?
This property features: New Construction, **10,640 SF Freestanding Building**; Absolute NNN Lease; Annual Rent: **$141,961.56**
