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1 Professional Dr Alton, IL 62002

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For Sale
$4,000,000

64,800 SF medical office building with prime leasing opportunities.

Property size:
64,800 SF
Lot size:
4.33 Acres

Property Features for 1 Professional Dr

General Information

Standard status
Active
Size
64,800 SF
Lot size
4.33 Acres

Building Details

Year built
1994

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Listing Contact
Tricia Sisk
Source: Exitrealty

Listing Agency: Coldwell Banker Brown Realtors Listing Agent: Tricia Sisk

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

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Overview

Medical Office Building For Sale

This 64,800 square foot medical office building offers an excellent investment opportunity in a central location. Approximately 54,000 rentable square feet are available, with over half of the building currently rented under 2 to 5-year NNN leases. The building features two floors and a lower level. The main floor includes a common area with a lobby, bathrooms, a conference room, and two elevators servicing all three levels. Prime space is available on the first floor for lease. The lower and second levels are leased to a large St. Louis-based medical healthcare system and two other prominent medical tenants. The building's exterior is constructed of brick and glass and is situated on a 4.3-acre lot with a large asphalt parking area accommodating approximately 270 vehicles, including 10 handicap spaces. The property consists of two parcels and is zoned C2 General Commercial District, allowing for uses such as restaurants, retail stores, professional and personal services, and medical offices. The location in a business park provides easy access to major highways, including Route 3, Route 140, and College Avenue, and is close to Interstates 255 and 270. Average daily vehicle counts are approximately 14,200 VPD.
Location Intelligence

Current Use by Public Records

Shields Family Pharmacy Pharmacy Dr. Daniel P. ... Ophthalmologist Dr. Matthew A. Thomas, ... Physician B & D Pharmacy Pharmacy Kelly J Lindsey, ... Pediatrician

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

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  • Local Demand
City
Alton
County
Madison
State
Illinois
Longitude
-90.133087
Latitude
38.904774

FAQs

What type of property is this?
Medical Office Space - 64,800 SF medical office building with prime leasing opportunities.
Where is this medical office space located?
The property is located at 1 Professional Dr Alton, IL.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: - Significant rental income from established medical tenants with NNN leases.; - Prime leasing opportunity available on the first floor.; - Excellent central location with easy access to major highways.
More about this property
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