129 Corporate Dr, Swansea, IL 62226
NNN leased pet resort with annual rent increases.
- Added:
- Mar 12, 2026
- Days on Market:
- 108
- Last Refresh:
- Mar 19 at 11:05 pm
Property Features for 129 Corporate Dr
General Information
- Standard status
- Active
- Size
- 11,200 SF
- Property subtype
- Office, Retail
Building Details
- Year Built
- 2007
Listing office Barbermurphy Group (618) 973-5507
Listing date Mar 12, 2026
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 Barbermurphy Group
HighLights
- Absolute NNN Lease
- Enjoy a NOI of $132,920.00 with 2% Annual Increases
- Tenant: Lucky Dog Barks & Recreation (Full‑Service Pet Resort)
- 4+ Years Remaining on Initial Ten‑Year Term
- Features 2 - Five‑Year Extensions in Place
- Year Built: 2007
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $174.7k | $15.60 |
| − Vacancy | −$14.9k | −$1.33 |
| EGI | $159.9k | $14.27 |
| − OpEx | −$48.0k | −$4.28 |
| NOI | $111.9k | $9.99 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Swansea
- County
- St. Clair
- State
- Illinois
- Longitude
- -89.9826694
- Latitude
- 38.5684141
