Belleville Crossing — Sale in Belleville, IL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Belleville, IL 62226

Photos

Belleville Crossing — Sale in Belleville, IL, photo 1 of 4
Belleville Crossing — Sale in Belleville, IL, photo 2 of 4
Belleville Crossing — Sale in Belleville, IL, photo 3 of 4
Belleville Crossing — Sale in Belleville, IL, photo 4 of 4

Investment Figures

Cap rate
7.25%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

BELLEVILLE CROSSING | ST LOUIS MSA • Belleville Crossing is 86K SF retail center located in Belleville, IL, and a part of the St. Louis MSA • Featuring a strong mix of national, credit, and service-based tenants, including PetSmart, Ross, Dollar Tree, and Hibbett • An average tenant tenure of 13 years for the center demonstrates proven tenant commitment and long-term operating history • The property is shadow anchored to a Target and Home Depot • #1 most visited shopping center in Belleville, IL • Belleville Crossing sees over 2.5M visits per year and is averaging 5%+ YOY growth over the past 3 years PROVEN BRAND NAME TENANTS • Belleville Crossing features a strong mix of nationally recognized brands, including PetSmart, Ross, Dollar Tree, Hibbett, Famous Footwear, Bath & Body Works, and more • The property benefits from shadow anchor big-box traffic generated by Target and Home Depot, which helps drive consistent foot traffic to the area • These tenants are proven long-term operators with an average tenant tenure of 13 Yrs • 55%+ of the GLA has been at the center for 16+ Yrs • Ross recently executed a new 10-year lease, which demonstrates leasing momentum and junior box tenant demand for the center BELOW-MARKET RENTS PROVIDE FUTURE UPSIDE • Belleville Crossing sees over 2.5M visits per year and is averaging 5%+ YOY growth over the past 3 years • Future embedded upside in underpaying junior box anchors • Ross paying $5.75 PSF • Al Quds Beauty Supplies paying $5.00 • As larger leases roll or are extended, ownership has the ability to pursue rent growth through renewals, extensions, or long-term lease restructuring • Strong Placer performance from the tenants in the center: • Hibbett: Top 13% in the state | Top 24% in the nation • Dollar Tree: Top 17% in the state | Top 14% in the nation • Maurices: Top 25% in the state | Top 30% in the nation • Great Clips: Top 33% in the state | Top 35% in the nation • PetSmart: Top 43% in the state ST. LOUIS MSA • Belleville Crossi

Market Context

This retail in Belleville, IL is listed for sale. It is offered at an approximate 7.2% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Belleville, IL — view the full market.

As of Q4 2025, the St. Louis retail market showed a 4.4% vacancy rate, average asking rents near $15.38/SF/yr, and rents up 1.2% year over year. Source: multiple brokerage reports, Q4 2025.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Retail market FAQ

Is the St. Louis retail market tightening or softening?
Vacancy is around 4.4%, with asking rents rising year over year (Q4 2025).

Contact

Explore this market

Similar Retail Business for Sale in Belleville, IL