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Property profile & analytics
OFF-MARKET
Office Spaces

216 Evergreen Ln Glen Carbon, IL 62034

3,990 SF Built 2018
Property ID
Property summary
AI-generated overview

This exceptional 3,990 square foot office building, constructed in 2018 and featuring a custom build-out completed in 2020, is available for purchase at $1,200,000. Located in the prestigious Magnolia Commons Business Park in Glen Carbon, Illinois (zip code 62034), this property enjoys a convenient location near the Edwardsville border, providing easy access to major roadways and commercial hubs. The building boasts a desirable traditional office layout, including a spacious 2,030 square foot open area with high ceilings, perfect for a variety of business needs. Additional features include two private bathrooms, a separate rear office, and efficient central heating and air conditioning. The property is ADA compliant and currently has an office tenant occupying a portion of the building. The asking price translates to $300.75 per square foot. This is a triple net (NNN) lease opportunity, offering a strong investment potential for a business seeking a modern, well-appointed space in a thriving location, approximately 25 minutes from St. Louis. The building's design seamlessly blends style and functionality, making it an ideal setting for both established businesses and startups.

Property profile
Verified
Property type Office Spaces
Year built 2018
Total area 3,990 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Great Future Insurance AZ Insurance Agency
  • ShutterRoom Photos Photography Service (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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