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    2319 Troy Rd Edwardsville, IL 62025

    Sponsored
    For Lease
    Contact for pricing

    Prime Retail Space, Edwardsville, IL

    Lot size:
    248,896 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    399
    Orchard Town Center presents a unique investment opportunity in Edwardsville, IL's thriving retail market. This Class A, 248,896 square foot center, completed in 2024, boasts a prime location at 2319 Troy Rd, at the intersection of Troy Rd. and Governor's Pkwy. The property features a mix of inline retail spaces and outparcels, offering flexibility for various businesses. With a total of seven suites, there is currently 13,300 square feet of vacant space available, divisible into units ranging from 1,750 to 7,000 contiguous square feet. The center benefits from high visibility and traffic counts, with Troy Road seeing 23,500 vehicles per day and Governor's Pkwy seeing 13,500. A significant anchor tenant, Meijer grocery store, further enhances the property's appeal and draws substantial foot traffic. Additional inline retail opportunities are available adjacent to a 50,000 square foot Dick's Sporting Goods. This development represents one of the last remaining developable sites in the strong Edwardsville/Glen Carbon market, making it an exceptional investment prospect. The single-story building offers convenient access and ample parking. This is a rare chance to secure space in a vibrant, high-traffic location within a newly constructed, premier retail center. Contact us today to learn more about the available spaces and investment potential.

    Property Features for 2319 Troy Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    248,896 SF
    Class
    A

    Building Details

    Year Built/Renovated
    2024/2024
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    3,150 SF
    Space
    Available Space 2
    Size
    3,150 SF
    Space
    Available Space 3
    Size
    1,750 SF
    Space
    Available Space 4
    Size
    1,750 SF
    Space
    Available Space 5
    Size
    1,750 SF
    Space
    Available Space 6
    Size
    1,750 SF
    Space
    Available Outlot# 2
    Size
    59,242 SF
    Space
    Available Outlot# 5
    Size
    43,124 SF
    Space
    Available Outlot# 6
    Size
    89,298 SF
    Space
    Available Outlot# 7
    Size
    55,321 SF
    Space
    Available Outlot# 9
    Size
    44,431 SF
    Space
    Available Outlot# 10
    Size
    52,708 SF
    Space
    Available Outlot# 11
    Size
    70,132 SF
    Space
    Available Outlot# 12
    Size
    48,352 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Chick-fil-A Caterer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Edwardsville
    County
    Madison
    State
    Illinois
    Longitude
    -89.9521065
    Latitude
    38.7851627

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    FAQs

    What type of property is this?
    Restaurant - Prime Retail Space, Edwardsville, IL
    Where is this restaurant located?
    The property is located at 2319 Troy Rd Edwardsville, IL.
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    Edwardsville, IL 62025
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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
    2319 Troy Rd Edwardsville, IL 62025
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