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    7640 Plummer Business Dr Troy, IL 62294

    Sponsored
    For Lease
    $13 SF/Yr

    Prime Troy location, retail & office space available.

    Lot size:
    30,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional single-story, Class B commercial property, the Troy Shopping Center, offers a unique opportunity for businesses seeking executive office space or retail space in a thriving location. Built in 2006 and renovated in 2017, the 30,500 square foot building sits on a 3.25-acre lot in Madison County, Illinois, and is zoned C-3. The property boasts excellent visibility from Highway 40, with easy access from I-55/70 (Exit 17), and is conveniently located adjacent to RP Lumber. Currently, there are two available spaces ranging from 1,492 to 1,520 contiguous square feet, with a total of 3,012 square feet of vacant space. The minimum divisible space is 1,492 square feet, allowing for flexibility in tenant needs. The property's address is 7640 Plummer Business Dr, Troy, IL 62294. Annual property taxes are $40,153.50. This location benefits from high traffic counts, with 15,000 average daily traffic (ADT) on Highway 40, ensuring high visibility and accessibility for businesses. The property's location within a growing business park further enhances its appeal. The APN is 09-2-22-17-05-101-023.

    Property Features for 7640 Plummer Business Dr

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    30,500 SF
    Class
    B
    Total Rate
    33041.67

    Building Details

    Year Built/Renovated
    2006/2017
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 16
    Size
    1,520 SF
    Rate per SF
    $13
    Space
    Suite 17
    Size
    1,492 SF
    Rate per SF
    $13

    HighLights

    • Up to 3,012 square feet of contiguous retail or office space available for lease.
    • High visibility from Highway 40, with 15,000 ADT.
    • Convenient access from I‑55/70, Exit 17.
    • Adjacent to RP Lumber.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Realty agency Building Supply Dental Office Wholesale Shop Gym & Fitness Storage Facility HVAC Service Electrical Service Daycare Center Veterinary Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Madison
    State
    Illinois
    Longitude
    -89.9109991
    Latitude
    38.7158877

    Nearby Comparable

    • Contact for pricing
      466,280 SF

      Plummer Business Park: Industrial Land

      21.5-acre industrial park; build-to-suit options.
      7700 Plummer Business Dr, Troy, IL 62294
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    • $14 SF/Yr
      1,540 SF

      Retail Space Available For Lease

      Retail space available in highly visible location.
      635-653 Edwardsville Rd, Troy, IL 62294
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    • $13 SF/Yr
      1,194 SF

      Retail Space in Troy Plaza

      Retail spaces available in well-located Troy Plaza Shopping Center.
      525-547 Troy Plz, Troy, IL 62294
      View Details
    • $14 SF/Yr
      11,900 SF

      Troy Office Complex: 11,900 SF

      Three buildings, flexible suites, prime location.
      505 Buckeye Dr, Troy, IL 62294
      View Details
    • $695 /Mo
      575 SF

      Office Space Near Interstate Access

      Office space with lighted signage and easy interstate access.
      535 Edwardsville Rd, Troy, IL 62294
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    • $2,300,000
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      Office/Retail Building with Leasing Potential

      12,040 SF building with existing leases and available space.
      7354 State Route 162, Troy, IL 62294
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    • Contact for pricing
      4,800 SF

      Downtown Troy Warehouse Opportunity

      Prime Troy location, multiple spaces available
      101 Main St, Troy, IL 62294
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    • $14 SF/Yr
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      Office Space with High Visibility

      Office space for rent with immediate highway access.
      1 Executive Plaza Ct, Maryville, IL
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      Maryville Retail Center Phase 2

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      Professionally Managed Office Space

      Well-maintained office space in Maryville, IL, near major interstates.
      6201 W Main St, Maryville, IL 62062
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    • $12 SF/Yr
      20,000 SF

      Retail Space Near Interstate 55/70

      Retail space available for lease near Interstate 55/70.
      2533-2549 Vandalia St, Collinsville, IL 62234
      View Details
    • $14 SF/Yr
      9,600 SF

      Executive Office Space in Maryville, IL

      Prime Maryville location, 1,200 SF available.
      15 Executive Plaza Ct, Maryville, IL 62062
      View Details

    Nearby Similar for Lease

    • Contact for pricing
      4,800 SF

      Downtown Troy Warehouse Opportunity

      Prime Troy location, multiple spaces available
      101 Main St, Troy, IL 62294
      View Details
    • $14 SF/Yr
      11,900 SF

      Troy Office Complex: 11,900 SF

      Three buildings, flexible suites, prime location.
      505 Buckeye Dr, Troy, IL 62294
      View Details
    • $13 SF/Yr
      1,194 SF

      Retail Space in Troy Plaza

      Retail spaces available in well-located Troy Plaza Shopping Center.
      525-547 Troy Plz, Troy, IL 62294
      View Details
    • $2,300,000
      4,000 SF

      Office/Retail Building with Leasing Potential

      12,040 SF building with existing leases and available space.
      7354 State Route 162, Troy, IL 62294
      View Details
    • $695 /Mo
      575 SF

      Office Space Near Interstate Access

      Office space with lighted signage and easy interstate access.
      535 Edwardsville Rd, Troy, IL 62294
      View Details
    • $14 SF/Yr
      1,540 SF

      Retail Space Available For Lease

      Retail space available in highly visible location.
      635-653 Edwardsville Rd, Troy, IL 62294
      View Details

    FAQs

    What type of property is this?
    Lifestyle center - Prime Troy location, retail & office space available.
    Where is this lifestyle center located?
    The property is located at 7640 Plummer Business Dr Troy, IL.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: Up to 3,012 square feet of contiguous retail or office space available for lease.; High visibility from Highway 40, with 15,000 ADT.; Convenient access from I-55/70, Exit 17.
    Request Owner's contact information
    7640 Plummer Business Dr Troy, IL 62294
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    Troy, IL 62294
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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
    7640 Plummer Business Dr Troy, IL 62294
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