5 Ludwig Dr - Freestanding FOR SALE


Fairview Heights, IL 62208
$1,239,000 USD
208-841-7310
5 Ludwig Dr, Fairview Heights, IL for Sale
$1,239,000 USD
Freestanding - FOR SALE
1/7
null | 7.5% Cap Rate

5 Ludwig Dr
Fairview Heights, IL 62208


HIGHLIGHTS

  • Corporate Guarantee | Investment Grade Tenant (S&P: A+)
  • Exceptionally Rare 4% Annual Rent Increases
  • Recent Lease Extension | 11+ Year Operating History
  • Recession & E-Commerce Resistant Tenant | Essential Business
  • Recent Capital Improvements | New Roof Installed 2020
  • Nonprofit Stability

OVERVIEW

HSHS Medical Group - Fairview Heights, IL | 4% Annual Rent Increases | Corporate Guarantee

FOR SALE DETAILS

PRICE

$1,239,000 USD

PRICE/SF

$244 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

HSHS Medical Group

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.26 AC

LAND SF

54,886 SF

ZONING

C1

APN/PARCEL ID

03-21.0-400-014

ASK ABOUT THIS PROPERTY

Jake ButterfieldEcho West Capital AdvisorsMore Info
208-841-7310

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Jake ButterfieldEcho West Capital AdvisorsMore Info
208-841-7310

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