331 Salem Pl - Medical FOR SALE


Fairview Heights, IL 62208
$5,100,000 USD
314-925-7135
331 Salem Pl, Fairview Heights, IL for Sale
$5,100,000 USD
Medical - FOR SALE
1/9
null | Request Cap Rate

331 Salem Pl
Fairview Heights, IL 62208


HIGHLIGHTS

  • Positioned in a high-growth commercial corridor with direct interstate access
  • Surrounded by national retailers, restaurants, and service providers
  • Professionally managed with flexible suite configurations
  • Minutes from Downtown St. Louis and Lambert International Airport

OVERVIEW

Fairview Executive Plaza II offers a compelling opportunity for investors or owner-users seeking a well-positioned office asset in the heart of Fairview Heights’ thriving business corridor. This ±31,116 SF Class B+ office building is strategically located with immediate access to I-64 and Route 159, placing it within minutes of Downtown St. Louis and Lambert International Airport. The property benefits from exceptional visibility to over 78,800 vehicles per day on I-64 and is surrounded by a vibrant mix of restaurants, retail, and service amenities. The building’s layout supports a range of tenant sizes, making it ideal for multi-tenant investment or a corporate headquarters. Its proximity to major commercial centers such as St. Clair Square, Sam’s Club, and Academy Sports enhances its appeal to professional service firms and regional operators. With a strong regional demographic and business-friendly environment, Fairview Heights continues to attract growth and investment, making this asset a strategic acquisition in a dynamic submarket.

FOR SALE DETAILS

PRICE

$5,100,000 USD

PRICE/SF

$164 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Executive Plaza II

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

132

LAND DETAILS

LAND ACRES

1.58 AC

LAND SF

68,825 SF

ZONING

C2

APN/PARCEL ID

03-27.0-100-046

ASK ABOUT THIS PROPERTY

Mike HurleyCozad Commercial Real Estate, Ltd.More Info
314-925-7135

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Mike HurleyCozad Commercial Real Estate, Ltd.More Info
314-925-7135

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.