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105 Airway Dr
Marion, IL 62959

$1,091,000 USD

Medical For Sale  •  9,700 SF

Property Details

  • Property Type Medical
  • Total Building Size 9,700 SF
  • Lot Size 1.57 AC
  • Building Class C
  • Year Built 2000
  • Cap Rate 9.24 %
  • Tenancy Single
30 Walk Score

Highlights

Illinois Department of Children & Family Services is a State of Illinois agency providing child welfare, foster care, adoption and more
Rare opportunity to acquire a 9.24% CAP Rate asset with government credit.
Occupying the space since 2002, IL DCFS has shown its commitment to its southern Illinois location.
The property serves as an important Southern Illinois hub for DCFS operations and community outreach.
Offered at just over $112 PSF, providing investors with an attractive opportunity relative to many healthcare and government-occupied office assets.
As an essential public service provider, DCFS supports stable occupancy regardless of economic conditions.
Cap Rate: 9.24 %

Major Tenants

Tenant SF Occupied Lease End Date
105-107 Airway Dr - The Airway Drive Portfolio 9,700 SF 6/30/2030
Evan Beeson 612-432-9935 Sands Investment Group
Evan Beeson 612-432-9935 Sands Investment Group