105 Airway Dr - Medical FOR SALE
Marion, IL 62959 |
$1,091,000 USD
612-432-9935
105 Airway Dr
Marion, IL 62959
HIGHLIGHTS
- Illinois Department of Children & Family Services is a State of Illinois agency providing child welfare, foster care, adoption and more
- Rare opportunity to acquire a 9.24% CAP Rate asset with government credit.
- Occupying the space since 2002, IL DCFS has shown its commitment to its southern Illinois location.
- The property serves as an important Southern Illinois hub for DCFS operations and community outreach.
- Offered at just over $112 PSF, providing investors with an attractive opportunity relative to many healthcare and government-occupied office assets.
- As an essential public service provider, DCFS supports stable occupancy regardless of economic conditions.
OVERVIEW
Sands Investment Group is pleased to exclusively offer for sale the 9,700 SF 105 - 107 Airway Drive in Marion, IL. The property serves as an important Southern Illinois hub for DCFS operations and community outreach.
In Cooperation With Sands Investment Group Illinois, LLC - Lic. #481013714 BoR: Andrew Ackerman - Lic. IL #471021429
FOR SALE DETAILS
PRICE
$1,091,000 USD
PRICE/SF
$112 USD /SF
CAP RATE
9.24%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
105-107 Airway Dr - The Airway Drive
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
C
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.57 AC
LAND SF
68,389 SF
ZONING
-
APN/PARCEL ID
06-17-103-002,06-17-103-003
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612-432-9935
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612-432-9935
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