Entity Owned Property summary
This exceptional investment opportunity presents a fee-simple ownership of a 2,830 square foot storefront in Edwardsville, Illinois. The property, built in 2024, is currently 100% occupied by Sleep Number under a corporate-guaranteed, net-net lease with 9.9 years remaining. The lease commenced April 4, 2023, and expires October 31, 2034, featuring two, five-year renewal options with a 10% rent increase each. The property boasts a strong net operating income (NOI) of $176,705, resulting in a… 6.75% cap rate. Located at 2496 Troy Rd, this single-story building sits on a 0.48-acre lot in a prime retail location, shadow-anchored by Target, Meijer, and other major retailers. The site benefits from high traffic volume, with 32,541 vehicles passing daily, and a strong demographic profile, including 39,613 residents within a three-mile radius and an average household income of $130,111. The property's strategic location at a signalized intersection provides excellent visibility and accessibility. This is a rare opportunity to acquire a high-performing retail asset with a long-term, stable tenant in a thriving market. The asking price is $2,617,851, translating to $925.04 per square foot. The property is part of a larger retail corridor with significant growth potential.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records and 17 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 2,805 SF
- Lot area
- 0.48 ac
- Year built
- 2005
- APN
- 14-2-15-23-00-000-063
- Assessed value · 2022
- $395,040
- Annual tax · 2022
- $28,928
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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