Alton Medical Office Building For
1 Professional Drive 20120, Alton, IL 62002
64,800 SF medical office building with investment potential.
Type:Land
Property size:
64,800 SFLot size:
4.30 AcresPrice / SF:
$61/SF- Added:
- Apr 16, 2025
- Days on Market:
- 401
- Last Refresh:
- Mar 17 at 1:17 pm
Property Features for 1 Professional Drive 20120
General Information
- Standard status
- Active
- Size
- 64,800 SF
- Lot size
- 4.30 Acres
- Property subtype
- Land
Listing agent Rick Lauschke License #IL
Listing office Coldwell Banker Brown Realtors
Listing date Apr 16, 2025
Source Crexi
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 Coldwell Banker Brown Realtors
HighLights
- Over half of the 64,800 SF building (approx. 54,000 RSF) is currently rented with 2‑5 year NNN leases, providing immediate income.
- Prime leasable space available on the first floor offers immediate opportunity for increased revenue.
- Located in a central location with easy access to major highways (Rte 3, Rte 140, College Ave) and Interstates 255 & 270.
- Zoned C2 General Commercial District, allowing for diverse uses including restaurant, retail, professional services, and medical offices.
- Large asphalt parking area with approximately 270 spaces (including 10 handicap spaces).
- Anchored by a large St. Louis based medical healthcare system and two other prominent medical tenants.
Overview
This 64,800 square foot medical office building presents an investment opportunity in a central location. The building features approximately 54,000 rentable square feet, with over half currently leased under NNN leases ranging from two to five years. The property includes two floors and a lower level. The main floor provides a common area with a lobby, bathrooms, a conference room, and two elevators servicing all three levels. Prime leasable space is available on the first floor. 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 comprises two parcels and is zoned C2 General Commercial District, allowing for uses such as restaurants, retail stores, professional and personal services, and medical offices. Located in a business park, the property offers convenient access to major highways, including Route 3, Route 140, and College Avenue, and is near Interstates 255 and 270. Average daily vehicle counts are approximately 14,200 VPD.
Property Profile
Insight Report
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
Location Insight
- Map
- Local Demand
- City
- Alton
- County
- Madison
- State
- Illinois
- Longitude
- -90.133087
- Latitude
- 38.904774
Nearby Similar for Sale
FAQs
What type of property is this?
Medical Office Space - 64,800 SF medical office building with investment potential.
Where is this medical office space located?
The property is located at 1 Professional Drive 20120 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: Over half of the 64,800 SF building (approx. 54,000 RSF) is currently rented with 2‑5 year NNN leases, providing immediate income.; Prime leasable space available on the first floor offers immediate opportunity for increased revenue.; Located in a central location with easy access to major highways (Rte 3, Rte 140, College Ave) and Interstates 255 & 270.
