Property profile

114 Executive Dr Highland, IL 62249

OFF-MARKET
Office Spaces
16,091 SF Built 1990
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Property summary

AI-generated overview

This exceptional single-tenant executive office building, located at 114 Executive Drive in Highland, Illinois, presents a unique investment opportunity. The property boasts a total of 16,091 square feet, with 907 square feet currently vacant and ready for immediate occupancy. Built in 1990, this Class B building is a single-story structure offering ample parking with 94 spaces available. The property is zoned I and features a convenient Highland location, with the address being 114 Executive Dr, Highland, IL 62249. The property's convenient location and ample parking make it an ideal space for a variety of businesses. The building's single-tenant occupancy provides a streamlined management experience. The property's size and layout offer flexibility for customization to meet specific business needs. The property's location in Madison County, Illinois, offers access to a strong local economy and a skilled workforce. The property's single-story design provides easy accessibility for all tenants and visitors. The ample parking ensures convenient parking for employees and clients. The property's zoning designation allows for a variety of commercial uses. The property's assessed parcel number (APN) is 02-2-18-32-00-000-032. This is a fantastic opportunity to acquire a well-maintained office building in a desirable location. The available space is ready for immediate occupancy, making it an attractive option for businesses seeking a quick move-in. Serious inquiries are encouraged.

Property profile

Verified
Property type Office Spaces
Year built 1990
Total area 16,091 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

114 Executive Dr Highland, IL 62249
Highland metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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