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    1207 Frank Scott Pkwy Shiloh, IL 62269

    Sponsored
    For Lease
    $16 SF/Yr

    Modern coworking & medical office space available.

    Lot size:
    16,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Shiloh Parkway Plaza offers exceptional office space in a thriving St. Louis MSA submarket. This single-story, Class B building, constructed in 2005, totals 16,500 square feet and features 2,900 square feet of immediately available space. Units are divisible to a minimum of 1,400 square feet, with a maximum contiguous space of 1,500 square feet. The building boasts a 9-foot ceiling height and ample shared parking with 90 spaces. Its convenient location on Frank Scott Parkway East (Thouvenot Lane) in Shiloh, Illinois provides easy access to I-64 and is situated near St. Elizabeth's and Memorial Hospitals, ensuring high visibility and accessibility. The property is zoned commercial and has a strong tenant roster including Edmistone Chiropractic, Labcorp, Anytime Fitness, Edward Jones, Community Title, and Allstate, indicating a stable and desirable location. The APN is 08-01.0-107-007; 008, located in St. Clair County within the Metro East, SW Illinois submarket cluster. This presents a unique opportunity for businesses seeking modern, flexible office space in a high-growth area. The property is categorized as both retail and office, suitable for a variety of uses including coworking and medical office spaces.

    Property Features for 1207 Frank Scott Pkwy

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,500 SF
    Class
    B
    Total Rate
    23031.25

    Building Details

    Year Built
    2005
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 600
    Size
    1,500 SF
    Rate per SF
    $16

    HighLights

    • 16,500 SF retail and office building with coworking and medical office space available.
    • 1,400 SF minimum divisible space, with a maximum contiguous space of 1,500 SF.
    • 2,900 SF currently vacant.
    • Class B building, constructed in 2005, single‑story with 9' ceilings.
    • 90 shared parking spaces.
    • Located in Shiloh, IL within the St. Louis MSA, Metro East submarket.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Law Firm Building Supply Wholesale Shop Clothing Store Hotel & Motel Pharmacy Department Store Kitchen & Bath Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Shiloh
    County
    St. Clair
    State
    Illinois
    Longitude
    -89.9425584
    Latitude
    38.5700545

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Medical office - Modern coworking & medical office space available.
    Where is this medical office located?
    The property is located at 1207 Frank Scott Pkwy Shiloh, IL.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: 16,500 SF retail and office building with coworking and medical office space available.; 1,400 SF minimum divisible space, with a maximum contiguous space of 1,500 SF.; 2,900 SF currently vacant.
    Request Owner's contact information
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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

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    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
    1207 Frank Scott Pkwy Shiloh, IL 62269
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