Investment Office Building
$1,799,000
Listing Resources
Listing Description
25,000 SF Office investment property with a 93% occupancy. Anchor Tenants – Bethany occupies 25% rentable space of the total building with recent expansion and lease extensions. Quantum Vision occupies 22%. Room for growth and additional income.
The HVAC for the second floor was replaced in 2021. The first floor unit was rebuilt and had the compressors replaced in 2014. Roof was replace in 4/27/2011. Landscaping and parking lot surface patched and striped in 2024.
The office building is located in a professional office park in Granite City, Illinois, this location offers easy access to major highways, including Interstate 270, making it convenient for both employees and clients.
Reduced Sale Price: $1,799,000
NOI: $183,868
CAP Rate: 10.22 %
Listing Details

-
Joe
Hardin
- Office: 618-277-4400 Ext. 16
- Mobile: 618-660-8759
- joeh@barbermurphy.com

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Katie .
Bush
- Office: 618-277-4400 Ext. 27
- Mobile: 701-213-3301
- katieb@barbermurphy.com