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Medical Office Building with Parking
For Lease
$4,000,000 NNN

1 Professional Dr, Alton, IL 62002

Two-story medical office building with a lower level, lobby, conference room, and ample off-street parking.

Space SizeContact for details
Lot Size4.30 Acres
Days on Market49

Property Features for 1 Professional Dr

General Information

Standard status Active
Total Parking Spaces 270
Lot size 4.30 Acres
Property subtype Commercial
Zoning C2

Site & Location

Traffic Count 14,200 vehicles/day
Highway Access Yes

Building Details

Year Built 1994
Stories 3
Tenancy Multi
Listing Agency: Coldwell Banker Brown Realtors
Listed By: Tricia Sisk () · License #475126803
Source: Farlowrealestateexperts
Added: Jul 16 Changed: Aug 24 Last Checked: Sep 1 at 7:25PM

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

Investment Insights

Based on property information with market context.

This medical office building offers approximately 54,000 rentable square feet across two floors plus a lower level. The main floor includes a common area with a lobby, bathrooms, a conference room, and two elevators that serve all three levels. The exterior features brick and glass construction, and the site is supported by a large asphalt parking area.

The property is located in a business park setting with easy access to major highways including Route 3, Route 140, and College Ave, and it is close to Interstates 255 and 270. Average daily vehicle counts are approximately 14,200 VPD. The site sits on 4.3 acres across two parcels and includes parking for approximately 270 vehicles with 10 handicap spaces.

The building is zoned C2 General Commercial District, supporting uses including medical offices, as well as restaurant, retail stores, and professional/personal services. Prime space is currently available on the 1st floor for lease, while the lower and 2nd levels are described as leased to a large St. Louis-based medical healthcare system and two other prominent medical tenants under multi-year NNN leases.

Key Highlights

  • 64,800 SF medical office building (approx. 54,000 RSF) built in 1994 with lower level and 2 floors
  • Over half the building is rented under 2–5 year NNN leases, including multiple medical tenants
  • Main floor includes lobby, bathrooms, conference room, and 2 elevators serving all 3 levels

Property Analytics

Current Use

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

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Restaurant HVAC Service Building Supply Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14,200 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

298
Businesses Nearby
Under-served
Demand for This Use

Demographics for 62002, IL

30,176
Population
14,832
Households
2
Avg Household Size
41
Median Age
24%
College-Educated
92%
High-School Grad
41.3 sq mi
ZIP Area
731
Density / Sq Mi
$57,851
Median Household Income
$38,120
Median Earnings
$941
Median Rent
$114,300
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Two-story medical office building with a lower level, lobby, conference room, and ample off-street parking.
Where is this medical office space located?
The property is located at 1 Professional Dr Alton, IL.
What is the lease rate?
The lease rate is $4,000,000.
What are key features of this property?
This property features: 64,800 SF medical office building (approx. 54,000 RSF) built in 1994 with lower level and 2 floors; Over half the building is rented under 2–5 year NNN leases, including multiple medical tenants; Main floor includes lobby, bathrooms, conference room, and 2 elevators serving all 3 levels
More about this property
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