Leased Medical Office Building Investment
$1,390,000
Listing Resources
Listing Description
Medical Office Building
5,800 SF Medical Office Building for Sale with (1) 990 SF Space for Lease.
High Visibility location between Frank Scott Pkwy and Hwy 50. Monument Signage on IL Route 159 (N Illinois St). 25,500 ADT.
4,600 SF Leased with $100,610 NOI / 7.25% CAP Rate.
Sale Price: $1,390,000
990 SF for Lease: $18.95 per SF, NNN
Listing Details
Settings
Listing No : 2392
Sale Or Lease : For Sale
Property Type(s) : Investment, Office, Office - Medical
Building Size (Sqft) : 5,824 Sqft
Lot Size (Acres) : 1.10 Acre(s)
Sale Price : $1,390,000
CAP Rate : 7.25%
NOI : $100,610
Building Total Sqft : 5,824 Sqft
Direct Lease : 990 Sqft
Office : 5,824 Sqft
Min Divisible Sqft : 5,824 Sqft
Max Contiguous Sqft : 5,824 Sqft
Parcel No : 03-33.0-402-044
Zoning : B-2
Zoning By : Fairview Heights
Parking : 27
Parking Surface Type : Asphalt
Property Tax : $15,609
Tax Year : 2019
Traffic Count : 25,500
Year Built : 2008
Clearance Min : 9 ft
Clearance Max : 9 ft
Exterior : Brick
Acres : 1.10 Acre(s)
Frontage : 143 ft
Depth : 326 ft
Interstate : I-64
Airport : St. Louis MidAmerica
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Mike
Durbin
- Office: 618-277-4400 Ext. 39
- Mobile: 618-960-8675
- miked@barbermurphy.com
-
Collin
Fischer - CCIM
- Office: 618-277-4400 Ext. 20
- Mobile: 618-420-2376
- collinf@barbermurphy.com