Current Use by Public Records
- Great Future Insurance AZ / Insurance Agency
- ShutterRoom Photos / Photography Service / (Bike/Boat/Book/etc) Store
Property Details for 216 Evergreen Ln
- Year built
- 2018
- Property type
- Office Spaces
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Glen Carbon
- County
- Madison
- State
- Illinois
- Longitude
- -89.9858
- Latitude
- 38.7758
