Herrin Office Building For Sale

401 Rushing, Herrin, IL

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For Sale

Contact for pricing

2,022 SF office building with drive-thru, near IL-13.

Type:OFFICE

Property size:

2,022 SF

Lot size:

0.71 Acres

Price / SF:

$155/SF

HighLights

High‑visibility location near IL‑13 and major retailers like Target, Wal Mart, and The Home Depot.
Owner/user opportunity for immediate occupancy.
Existing drive‑thru window, ideal for various business types.
2,022 SF building suitable for office or retail use.
Includes open retail area, private offices, and multiple storage areas.
Digital monument sign for enhanced visibility.

We can help!

Listing Contact

Brian Kelley

For Sale

Contact for pricing

2,022 SF office building with drive-thru, near IL-13.

Type:OFFICE

Property size:

2,022 SF

Lot size:

0.71 Acres

Price / SF:

$155/SF

Added:: Feb 3, 2025
Days on Market:: 494
Last Refresh:: May 19 at 8:34 pm

Property Features for 401 Rushing

General Information

Standard status: Active
Size: 2,022 SF
Lot size: 0.71 Acres
Property subtype: OFFICE

We can help!

Listing Contact

Brian Kelley

Listing agent Brian Kelley License #MO 2004034792

Listing office Revel Commercial Real Estate

Listing date Feb 3, 2025

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 Revel Commercial Real Estate

HighLights

High‑visibility location near IL‑13 and major retailers like Target, Wal Mart, and The Home Depot.
Owner/user opportunity for immediate occupancy.
Existing drive‑thru window, ideal for various business types.
2,022 SF building suitable for office or retail use.
Includes open retail area, private offices, and multiple storage areas.
Digital monument sign for enhanced visibility.

Overview

This 2,022 square foot office building is available for sale. The property, situated on 0.16 acres, presents an owner/user opportunity. It was formerly configured as a pharmacy and includes a drive-thru window. The building features an open retail area, private offices, and multiple storage areas. A digital monument sign is included. The property is located near IL-13, a major thoroughfare, and is minutes from Target, Wal Mart, and The Home Depot.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$36.4k	$18.00
− Vacancy	−$6.6k	−$3.24
EGI	$29.8k	$14.76
− OpEx	−$7.5k	−$3.69
NOI	$22.4k	$11.07

2,022 SF · lease $18.00/SF/yr · vacancy 18.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$319.8K

$279.8K – $373.1K (±1% cap)

NOI $22,384 @ 7.0% cap · market cap 7.11%

Second Best

—

no second resolved use

Theoretical Best

Office A

$426.3K

$373.0K – $497.3K (±1% cap)

NOI $29,839 @ 7.0% cap · market cap 9.47%

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

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Location Insight

Map
Local Demand

City: Herrin
County: Williamson
State: Illinois
Longitude: -89.0356
Latitude: 37.7461

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What type of property is this?

Office building - 2,022 SF office building with drive-thru, near IL-13.

Where is this office building located?

The property is located at 401 Rushing Herrin, IL.

What is the asking price?

The asking price for this property is $315,000.

What are key features of this property?

This property features: High‑visibility location near IL‑13 and major retailers like Target, Wal Mart, and The Home Depot.; Owner/user opportunity for immediate occupancy.; Existing drive‑thru window, ideal for various business types.

401 Rushing, Herrin, IL

2,022 SF office building with drive-thru, near IL-13.

Property Features for 401 Rushing

General Information

We can help!

HighLights

Overview

Local Financial Insights For Office B

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Established Medical Office Park Property

Versatile Commercial Building in Herrin

Rail-Served Warehouse in Herrin, Illinois

Mt. Vernon Warehouse on 7 Acres

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