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Office Building with National Tenant
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118 Airway Drive, Marion, IL 62959

Office asset associated with a corporately guaranteed national tenant in Marion, Illinois.

Property Size3,700 SF
Price / SF$107.84
Days on Market57

Property Features for 118 Airway Drive

General Information

Standard status Active
Size 3,700 SF
Property subtype Office
Occupancy 100%
Lease Type Modified Gross
Net Operating Income $32,077

Additional Details

Asking Price $347,000

Building Details

Tenancy Single
Listing Agency: Sands Investment Group
Listed By: Evan Beeson · License #IL 475182760
Source: Crexi
Added: Jul 9 Changed: Sep 3 Last Checked: Sep 2 at 8:34PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sands Investment Group

Investment Insights

Based on property information with market context.

The offering includes a 3,700 SF office building at 118 Airway Drive in Marion, Illinois. The property is presented with a national tenant supported by a corporate guarantee and is offered for sale.

Key Highlights

  • 3,700 SF office building
  • National tenant supported by a corporate guarantee
  • 118 Airway Drive, Marion, IL 62959

Property Analytics

Current Use

NovaCare Prosthetics & Orthotics ... Medical Clinic

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Plumbing Service Garden Center (Bike/Boat/Book/etc) Store Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

368
Businesses Nearby

Demographics for 62959, IL

27,629
Population
12,997
Households
2.1
Avg Household Size
43
Median Age
28%
College-Educated
92%
High-School Grad
143.0 sq mi
ZIP Area
193
Density / Sq Mi
$69,914
Median Household Income
$44,145
Median Earnings
$895
Median Rent
$166,200
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Office asset associated with a corporately guaranteed national tenant in Marion, Illinois.
Where is this office building located?
The property is located at 118 Airway Drive Marion, IL.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 3,700 SF office building; National tenant supported by a corporate guarantee; 118 Airway Drive, Marion, IL 62959
(773) 352-8784 Call to check price and availability
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