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    11 Executive Dr Fairview Heights, IL 62208

    Sponsored
    For Lease
    $13 SF/Yr

    3,450 SF Flex Space, Prime Location

    Lot size:
    34,487 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3,450 square foot office space is situated within the Business Center III, a single-story, Class C building located at 11 Executive Drive in Fairview Heights, Illinois, zip code 62208. The property boasts a convenient location, bordered by I-64 and Route 159, offering easy access to major transportation arteries. Built in 1990 and renovated in 1995, the building features a total of 34,487 square feet across one building. This particular suite offers flexible space ideal for a variety of business needs. The building is zoned C-1 and sits on a 3.33-acre lot. The property offers a 12-foot ceiling height and ample parking with a ratio of 4.09 spaces per 1000 square feet. The building is part of a multi-tenant occupancy. This is a traditional office space with executive office options, making it suitable for a range of businesses. The property's location within the St. Louis MSA, specifically the Metro East

    Property Features for 11 Executive Dr

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    34,487 SF
    Class
    C
    Total Rate
    40091.14

    Building Details

    Year Built/Renovated
    1990/1995
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    3,450 SF
    Rate per SF
    $13

    HighLights

    • Four private offices.
    • Spacious conference room.
    • Two open work areas/training rooms.
    • Dedicated IT storage room.
    • Lease rate is net, with tenant improvement allowances negotiable.
    • 10' x 12' rear overhead door.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Fairview Heights
    County
    St. Clair
    State
    Illinois
    Longitude
    -89.9786474
    Latitude
    38.6014327

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    FAQs

    What type of property is this?
    Office Property / Space - 3,450 SF Flex Space, Prime Location
    Where is this office property / space located?
    The property is located at 11 Executive Dr Fairview Heights, IL.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: Four private offices.; Spacious conference room.; Two open work areas/training rooms.
    Request Owner's contact information
    11 Executive Dr Fairview Heights, IL 62208
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11 Executive Dr Fairview Heights, IL 62208
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