5600-5650 Belleville Xing
Belleville, IL 62226
Belleville Crossing | 5 Year BWW Extension · Retail Property For Sale

Marcus & Millichap is pleased to present Belleville Crossing Shopping Center, a fully occupied 12,755 square foot strip center located in Belleville, Illinois. The property is anchored by Buffalo Wild Wings which has been at this site since the center was built in 2008. Recently, Buffalo Wild Wings exercised their option to extend the lease five years through 2023. With this extension, approximately 65% of the GLA is occupied through December 2021 or later. In addition to Buffalo Wild Wings, Belleville Crossing is also home to All About Eyes, T-Mobile, Sally Beauty and Bank of America. All the tenants are encumbered by triple net leases with all operating expenses including a management fee being reimbursed and four of the five tenants also pay an administrative fee in addition to the reimbursements. Of the five tenants, three are corporate locations (All About Eyes, Bank of America and Sally Beauty) and two are franchise locations (Buffalo Wild Wings and T-Mobile). The Buffalo Wild Wings is operated by a franchisee with 65 locations while the T-Mobile is operated by a franchisee with over 500 locations. Belleville Crossing Shopping Center is an outparcel to a Target and Home Depot anchored shopping center. That shopping center along with the outparcels compose the Belleville Crossing retail development. These retailers serve the surrounding community of over 89,000 people within five miles. Belleville Crossing is located at the intersection of State Route 15 and Frank Scott Parkway which sees a combined 36,300 vehicles per day. The subject property abuts Route 15 and has direct visibility from the road. Less than a mile across the highway is the newer construction Belleville West High School with approximately 2,200 students and downtown Belleville is located less than two miles east of the property.