Belleville Medical Office Investment Opportunity

4904 W Main St, Belleville, IL

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For Sale

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Net leased medical office building with lease extension and roof replacement.

Type:OFFICE

Property size:

4,640 SF

Lot size:

0.51 Acres

Price / SF:

$102/SF

HighLights

Tenant is a subsidiary of Eye Care Partners (ECP Ophthalmology LLC), a large national healthcare provider with over 1,000 providers.
The tenant just extended their lease for an additional two years.
Net lease structure provides a passive, hands‑off investment.
New roof being installed, expected completion by the end of 2024.
Healthcare properties are resistant to e‑commerce competition and economic downturns.
The US eyecare industry is expected to grow at a compound annual growth rate (CAGR) of 4.34% from 2024 to 2030.

We can help!

Listing Contact

Tarik Fattah

For Sale

Contact for pricing

Net leased medical office building with lease extension and roof replacement.

Type:OFFICE

Property size:

4,640 SF

Lot size:

0.51 Acres

Price / SF:

$102/SF

Added:: Dec 12, 2024
Days on Market:: 550
Last Refresh:: May 20 at 9:11 pm

Property Features for 4904 W Main St

General Information

Standard status: Active
Size: 4,640 SF
Lot size: 0.51 Acres
Property subtype: OFFICE

We can help!

Listing Contact

Tarik Fattah

Listing agent Tarik Fattah

Listing office Matthews Real Estate Investment Services - Orange County

Listing date Dec 12, 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 Matthews Real Estate Investment Services - Orange County

HighLights

Tenant is a subsidiary of Eye Care Partners (ECP Ophthalmology LLC), a large national healthcare provider with over 1,000 providers.
The tenant just extended their lease for an additional two years.
Net lease structure provides a passive, hands‑off investment.
New roof being installed, expected completion by the end of 2024.
Healthcare properties are resistant to e‑commerce competition and economic downturns.
The US eyecare industry is expected to grow at a compound annual growth rate (CAGR) of 4.34% from 2024 to 2030.

Overview

This property is a medical office building operating under a net lease, offering a passive investment opportunity. The current tenant has elected to extend their lease for an additional two years and assigned the lease to ECP Ophthalmology LLC, also known as Eye Care Partners, which has over 1,000 providers across the country. The roof is currently being replaced, with work expected to be completed by the end of 2024. Healthcare properties are highly sought-after investments due to their insulation from e-commerce competition and resistance to economic downturns. The US eyecare industry is expected to grow at a compound annual growth rate (CAGR) of 4.34% from 2024 to 2030. The global eye care market is expected to grow at a CAGR of 6.72% from 2024 to 2030, reaching an estimated size of $70.78 billion in 2023. The property is located in Belleville, IL and has a size of 4,640 square feet.

Property Profile Location Intelligence

Current Use by Public Records

Medical Office Space

Suggested Use

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Location Insight

Map
Local Demand

City: Belleville
County: St. Clair
State: Illinois
Longitude: -90.0282
Latitude: 38.5433

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What type of property is this?

Medical Office Space - Net leased medical office building with lease extension and roof replacement.

Where is this medical office space located?

The property is located at 4904 W Main St Belleville, IL.

What is the asking price?

The asking price for this property is $475,000.

What are key features of this property?

This property features: Tenant is a subsidiary of Eye Care Partners (ECP Ophthalmology LLC), a large national healthcare provider with over 1,000 providers.; The tenant just extended their lease for an additional two years.; **Net lease structure provides a passive, hands‑off investment.**

4904 W Main St, Belleville, IL

Net leased medical office building with lease extension and roof replacement.

Property Features for 4904 W Main St

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Downtown Multi-Use Office Building

Multi-Unit Downtown Office Building

Belleville Commercial Building For Sale

Historic Mixed-Use Building in Belleville

Belleville Commercial Space - Turnkey

Downtown Belleville Office Building

Duplex with Two Garages

Turn-Key Commercial Investment Property

Upscale Winery and Wedding Venue

Belleville Duplex: Investment Opportunity

Belleville Mixed-Use Redevelopment Opportunity

Turnkey Triplex in Belleville, IL

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