Former Restaurant Building For
4422 W Main Street Belleville, IL 62226
4422 W Main Street, Belleville, IL, 62226
Contact for pricing
For Sale
Contact for pricing
4,500 SF former McDonald's restaurant available for purchase.
Property Size4,500 SF
Price / SF$150
Days on Market850
Property Features for 4422 W Main Street
General Information
- Standard status
- Active
- Size
- 4,500 SF
- Property subtype
- Retail
Listing Agency
L3 Corporation Real Estate
(314) 469-7400
Listed by
Rebecca Thessen · License #MO
Source
Crexi
Added: Mar 21, 2024 Checked: Jul 17 at 4:04 am
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 L3 Corporation Real Estate
Investment Insights
Based on property information with market context.
A 4,500 square foot commercial property, formerly a McDonald's restaurant, is available for sale. This property is suitable for drive-through restaurants, restaurants, or other commercial real estate ventures.
Key Highlights
- 4,500 SF Former McDonalds
- For Sale
Local Financial Insights For Specialty 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 | $85.3k | $18.96 |
| − Vacancy | −$3.6k | −$0.80 |
| EGI | $81.7k | $18.16 |
| − OpEx | −$20.4k | −$4.54 |
| NOI | $61.3k | $13.62 |
4,500 SF · lease $18.96/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$875.7K
$766.3K – $1.02M
NOI $61,302 @ 7.0% cap · market cap 9.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.07M
$932.2K – $1.24M
NOI $74,572 @ 7.0% cap · market cap 11.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
McDonald's
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Drive through restaurant - 4,500 SF former McDonald's restaurant available for purchase.
Where is this drive through restaurant located?
The property is located at 4422 W Main Street Belleville, IL.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 4,500 SF Former McDonalds; For Sale
