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    Well-Maintained Office Suites For Rent Title is generated by Realmo AI

    10513 Lincoln Trl, Fairview Heights, IL

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    Two office suites available, can be combined, upgraded finishes throughout.

    Type:OFFICE
    Property size:
    1,840 SF
    Lot size:
    0.78 Acres
    Price / SF:
    $190/SF
    Added:
    Apr 24, 2024
    Days on Market:
    801
    Last Refresh:
    May 20 at 8:24 pm

    Property Features for 10513 Lincoln Trl

    General Information

    Standard status
    Active
    Size
    1,840 SF
    Lot size
    0.78 Acres
    Property subtype
    OFFICE

    Properties For Sale

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    Michael T Durbin

    Listing office BARBERMurphy

    Listing date Apr 24, 2024

    Source Moodyscre

    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 BARBERMurphy

    HighLights

    • Two office suites (800 SF and 1,840 SF) offer flexible space options, including the possibility to combine them.
    • Upgraded finishes throughout a very well‑maintained building.
    • Includes 6 total offices, reception, waiting area, kitchenette, and open bullpen space.
    • Separately metered suites.
    • 3 or 4 offices suitable for use as exam rooms.
    • ADA ramp access and large rear parking lot.

    Overview

    Two office suites are available for rent, with sizes of 800 square feet and 1,840 square feet, which can be combined. The building is very well-maintained and features upgraded finishes throughout. The suites include a total of 6 offices with a reception area, waiting area, kitchenette, and open bullpen space. Three or four of the offices could be used as exam rooms. The property includes ADA ramp access, along with a large rear parking lot. The suites are separately metered.

    Local Financial Insights For Healthcare Medical

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $40.4k $21.96
    − Vacancy −$4.2k −$2.31
    EGI $36.2k $19.65
    − OpEx −$14.5k −$7.86
    NOI $21.7k $11.79
    1,840 SF · lease $21.96/SF/yr · vacancy 10.50% · expense 40.00%

    Alternative Uses

    Best Use
    Healthcare Medical
    $310.0K
    $271.2K – $361.6K (±1% cap)
    NOI $21,698 @ 7.0% cap · market cap 6.20%
    Second Best
    Office B
    $304.7K
    $266.6K – $355.5K (±1% cap)
    NOI $21,329 @ 7.0% cap · market cap 6.09%
    Theoretical Best
    Office A
    $435.6K
    $381.2K – $508.2K (±1% cap)
    NOI $30,492 @ 7.0% cap · market cap 8.71%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Accounting Firm Law Firm Electrical Service Garden Center Food Market Nursing Home Acupuncture Nursing Home (Bike/Boat/Book/etc) Store

    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
    -89.9904
    Latitude
    38.5889

    FAQs

    What type of property is this?
    Office units - Two office suites available, can be combined, upgraded finishes throughout.
    Where is this office units located?
    The property is located at 10513 Lincoln Trl Fairview Heights, IL.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: Two office suites (800 SF and 1,840 SF) offer flexible space options, including the possibility to combine them.; Upgraded finishes throughout a very well‑maintained building.; Includes **6 total offices, reception, waiting area, kitchenette, and open bullpen space.**
    (618) 277-4400 Call to check price and availability
    More about this property
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