118 Airway Dr - Medical FOR SALE
Marion, IL 62959 |
$399,000 USD
612-432-9935
118 Airway Dr
Marion, IL 62959
HIGHLIGHTS
- Rare opportunity to acquire a corporately guaranteed national tenant at just $399,000.
- Base term expiration in August 2028, 3, 3-year renewal options.
- NovaCare Prosthetics & Orthotics specializes in healthcare providers delivering custom prosthetic and orthotic solutions to patients.
- Opportunity to restructure the gross lease to increase NOI at options.
- Growing healthcare needs, an aging population, and advancements in rehabilitation medicine continue to support demand for prosthetic & orthotic care.
OVERVIEW
Sands Investment Group is pleased to exclusively offer for sale the 3,700 SF 118 Airway Drive in Marion, IL. Rare opportunity to acquire a corporately guaranteed national tenant at just $399,000.
In Cooperation With Sands Investment Group Illinois, LLC - Lic. #481013714 BoR: Andrew Ackerman - Lic. IL #471021429
FOR SALE DETAILS
PRICE
$399,000 USD
PRICE/SF
$108 USD /SF
CAP RATE
8.04%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
118 Airway Dr - The Airway Drive Portfolio
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
ADD'L SUBTYPES
Storefront Retail/Office, Storefront Retail/Residential
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
20
LAND DETAILS
LAND ACRES
0.55 AC
LAND SF
23,914 SF
ZONING
-
APN/PARCEL ID
06-17-102-006
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612-432-9935
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612-432-9935
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