Leased Warehouse with Service
New
For Sale
Contact for pricing
731 N Belt W, Swansea, IL 62226
Fully leased facility combines office, warehouse, and drive-through service areas.
Property Size34,393 SF
Price / SF$62.51
Days on Market4
Property Features for 731 N Belt W
General Information
Standard status
Active
Size
34,393 SF
Property subtype
INDUSTRIAL
Occupancy
100%
Net Operating Income
$164,733
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Cap Rate
7.66%
Drive-In Doors
18
Building Details
Building Size
34,393 SF
Tenancy
Single
Owner Occupied
No
Listing Agency:
BARBERMurphy
(618) 277-4400
Listed By:
Michael T Durbin
Source:
Moodyscre
Added: Aug 19
Changed: Aug 22
Last Checked: Aug 22 at 4:47AM
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 BARBERMurphy
Investment Insights
Based on property information with market context.
This 34,393-square-foot warehouse property is fully leased and includes 12,353 square feet of office and warehouse space alongside 21,930 square feet of drive-through service bays. The facility supports transportation and fleet operations, including vehicle, parts, maintenance, and repair functions. Midwest Transit Equipment, Inc. has occupied the property since 2005.
The current lease runs through May 31, 2032, with an additional renewal term available through May 31, 2037. The property carries a 7.66% cap rate, and the landlord is responsible for capital improvements.
The site is positioned along the North Belt West and IL-161 corridor in Swansea, with access to IL-159, Interstate 64, downtown Belleville, Fairview Heights retail areas, the Metro East market, and the broader St. Louis metropolitan area.
The current lease runs through May 31, 2032, with an additional renewal term available through May 31, 2037. The property carries a 7.66% cap rate, and the landlord is responsible for capital improvements.
The site is positioned along the North Belt West and IL-161 corridor in Swansea, with access to IL-159, Interstate 64, downtown Belleville, Fairview Heights retail areas, the Metro East market, and the broader St. Louis metropolitan area.
Key Highlights
- 34,393 SF fully leased warehouse property
- 12,353 SF of office and warehouse space
- 21,930 SF of drive‑through service bays with 18 bays
Property Analytics
Property Profile
Current Use
Lease Details
18
Drive-in doors
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
467
Businesses Nearby
Balanced
Demand for This Use
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 Office in Midwest region
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Similar Off Market Nearby
- A Storage Inn — 320 Old Fullerton Rd, Swansea, IL 62226
- Advantage Self Storage — 2331 IL-161, Belleville, IL 62226
Frequently Asked Questions
What type of property is this?
Warehouse - Fully leased facility combines office, warehouse, and drive-through service areas.
Where is this warehouse located?
The property is located at 731 N Belt W Swansea, IL.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: 34,393 SF fully leased warehouse property; 12,353 SF of office and warehouse space; 21,930 SF of drive‑through service bays with 18 bays
