Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    11 Executive Dr Fairview Heights, IL

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $13 SF/Yr ($4,010 /Mo)

    Professional office suite for lease in Fairview Heights, Illinois.

    Property size:
    3,450 SF
    Lot size:
    3.34 Acres

    Property Features for 11 Executive Dr

    General Information

    Size
    3,450 SF
    Lot size
    3.34 Acres

    We can help!

    Listing Contact
    Michael T Durbin
    Source: Moodyscre

    Listing Agent: Michael T Durbin

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Professional Office Space Available

    A professional office suite is available for lease in a premier business center located in the Fairview Heights Office Park, bordered by I-64 and IL Route 159. The property is situated approximately 15 minutes from St. Louis, Missouri, and about 30 minutes from Lambert St. Louis International Airport. Suite 3 offers 3,450 square feet of space and includes 4 private offices, a large conference room, two bullpens or training rooms, IT storage, men’s and women’s ADA restrooms, and a kitchenette. The suite also features a legacy dock door (10’x12’) located in the rear of the space. Lease pricing is AS-IS with tenant improvements negotiable.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fairview Heights
    County
    St. Clair
    State
    Illinois
    Longitude
    -89.990382
    Latitude
    38.5889386

    Nearby Similar for Lease

    • $13 SF/Yr
      1,400 SF

      Fairview Heights Retail/Office Suites

      Office and retail suites available in established Fairview Heights center.
      4600-4660 N Illinois St, Fairview Heights, IL 62232
      View Details
    • $8 SF/Yr
      33,000 SF

      Warehouse/Office Space For Lease

      Warehouse and office space available for lease near major routes.
      9510 Saint Clair Ave, Fairview Heights, IL
      View Details
    • $5 SF/Yr
      37,000 SF

      Fairview Heights Industrial Space

      27,000 SF Warehouse/Office Available
      9510 St Clair Ave, Fairview Heights, IL 62208
      View Details
    • Contact for pricing
      1,680 SF

      Fairview Heights Retail Opportunity

      Retail spaces available in established Fairview Heights shopping center.
      55-81 Ludwig Dr, Fairview Heights, IL
      View Details
    • Contact for pricing
      2,000 SF

      Lincoln Place Medical Office Space

      Fairview Heights, IL: 2,000 SF Medical Office Available
      10850 Lincoln Trl, Fairview Heights, IL 62208
      View Details
    • Contact for pricing
      20,200 SF

      Midway Plaza Retail Space

      Fairview Heights, IL Strip Center - 20,200 SF Available
      0 Lincoln Trl, Fairview Heights, IL 62208
      View Details
    • Contact for pricing
      2,476 SF

      Retail Space in Fairview Heights

      Retail spaces available in Schnucks-anchored shopping center on Lincoln Highway.
      525 Lincoln Hwy, Fairview Heights, IL
      View Details
    • Contact for pricing

      Fairview Heights Retail Space Available

      Retail spaces for lease in established Fairview Heights shopping center.
      67 Ludwig Dr, Fairview Heights, IL
      View Details
    • Contact for pricing
      97,459 SF

      Plaza St. Clair Retail Center

      Fairview Heights retail space available.
      525 Lincoln Hwy, Fairview Heights, IL 62208
      View Details
    • $21 SF/Yr
      4,732 SF

      Renovated Office Suite with Views

      Turnkey 4,723 SF office suite with abundant natural light.
      16 Executive Dr, Fairview Heights, IL
      View Details
    • $13 SF/Yr
      10,314 SF

      Fairview Heights Office/Flex Space

      Turnkey office/flex space with warehouse in Fairview Heights Office Park.
      15 Executive Dr, Fairview Heights, IL
      View Details
    • Contact for pricing
      1,067,610 SF

      St. Clair Square Office Suites

      Prime Fairview Heights Office Space
      134 St Clair Sq, Fairview Heights, IL 62208
      View Details

    FAQs

    What type of property is this?
    Office space - Professional office suite for lease in Fairview Heights, Illinois.
    Where is this office space located?
    The property is located at 11 Executive Dr Fairview Heights, IL.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - Strategic location in Fairview Heights Office Park, with easy access to I-64 and IL Route 159.; - Suite 3 offers a functional layout with 4 private offices and a large conference room.; - Features a **10’x12’ legacy dock door** in the rear for easy deliveries.
    (618) 277-4400
    Request Owner's contact information
    11 Executive Dr Fairview Heights, IL
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11 Executive Dr
    Fairview Heights, IL
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11 Executive Dr Fairview Heights, IL
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Michael T Durbin
    (618) 277-4400
    Learn more
    Google sign-in failed. Please try again or use another login method.