103 Airway Dr - Medical FOR SALE
Marion, IL 62959 |
$525,000 USD
612-432-9935
103 Airway Dr
Marion, IL 62959
HIGHLIGHTS
- Attractive pricing at approximately $100 PSF.
- The property benefits from a diversified tenant mix, including Pearson VUE Testing Center and Stiles Office Technology.
- The 1,450 SF space was recently vacated, leaving the asset at a 72% occupancy, which is a prime opportunity for increased income through leasing.
- Pearson Testing Center has been a tenant at the site since 2002.
- Pearson is a global leader in computer-based testing and professional credentialing services for hundreds of organizations across industries.
- The Pearson Testing Center is guaranteed by NCS Pearson INC, the firm’s corporate entity.
OVERVIEW
Sands Investment Group is pleased to exclusively offer for sale the 5,258 SF Airway Drive Portfolio in Marion, IL. The property benefits from a diversified tenant mix, including Pearson VUE Testing Center and Stiles Office Technology, reducing reliance on a single occupant and enhancing income stability.
In Cooperation With Sands Investment Group Illinois, LLC - Lic. #481013714 BoR: Andrew Ackerman - Lic. IL #471021429
FOR SALE DETAILS
PRICE
$525,000 USD
PRICE/SF
$100 USD /SF
CAP RATE
7.49%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
103 Airway Drive - The Airway Drive Portfolio
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
ADD'L SUBTYPES
Storefront Retail/Office, Loft/Creative Space
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
30
LAND DETAILS
LAND ACRES
0.82 AC
LAND SF
35,719 SF
ZONING
-
APN/PARCEL ID
06-17-103-001
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612-432-9935
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612-432-9935
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