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    16 Executive Dr Fairview Heights, IL 62208

    Sponsored
    For Lease
    $21 SF/Yr

    Prime Fairview Heights Executive Office Space

    Lot size:
    53,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional Class A office suite, totaling 4,732 square feet, is located within the Corporate Centre II building at 16 Executive Dr, Fairview Heights, IL 62208. Situated in the Fairview Executive Business Park, this turnkey space offers stunning views overlooking Interstate-64. The suite boasts a modern design, fully renovated in 2020, featuring floor-to-ceiling windows in four private offices and two conference rooms, maximizing natural light. A separate reception area and a well-appointed break room provide ideal spaces for client interaction and team gatherings. The space includes 21 high-quality cubicles, custom-designed and in excellent condition, fostering a productive work environment. The lease is valid until June 30, 2027, minimizing immediate upgrade needs. High-end furniture may be available for the new tenant. The building, constructed in 2001, has a total of 53,000 square feet and is zoned B-2. The property's APN is 03-22-0-302-006, located in St. Clair County, Illinois. This is a multi-tenant building with currently 4,732 square feet of vacant space. This is an unparalleled opportunity to secure a prestigious and well-appointed office space in a thriving business park.

    Property Features for 16 Executive Dr

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    53,000 SF
    Class
    A
    Total Rate
    92750

    Building Details

    Year Built/Renovated
    2001/2020

    Unit(s) available at that property

    Space
    Suite 300
    Size
    4,732 SF
    Rate per SF
    $21

    HighLights

    • 4,732 SF Class A office suite in Fairview Heights, IL.
    • Turnkey space in Fairview Executive Business Park with I‑64 views.
    • Modern design, fully renovated in 2020, with floor‑to‑ceiling windows.
    • Includes 21 high‑quality cubicles, reception area, and break room.
    • Lease expires June 30, 2027; high‑end furniture may be available.
    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
    -89.9770515
    Latitude
    38.6001787

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Fairview Heights Executive Office Space
    Where is this office property / space located?
    The property is located at 16 Executive Dr Fairview Heights, IL.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: 4,732 SF Class A office suite in Fairview Heights, IL.; Turnkey space in Fairview Executive Business Park with I-64 views.; Modern design, fully renovated in 2020, with floor-to-ceiling windows.
    Request Owner's contact information
    16 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
    16 Executive Dr Fairview Heights, IL 62208
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