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118 Airway Dr
Marion, IL 62959

$399,000 USD

Medical For Sale  •  3,700 SF

Property Details

  • Property Type Medical
  • Total Building Size 3,700 SF
  • Lot Size 0.55 AC
  • Building Class B
  • Year Built 2000
  • Cap Rate 8.04 %
  • Tenancy Single
30 Walk Score

Highlights

Rare opportunity to acquire a corporately guaranteed national tenant at just $399,000.
Base term expiration in August 2028, 3, 3-year renewal options.
NovaCare Prosthetics & Orthotics specializes in healthcare providers delivering custom prosthetic and orthotic solutions to patients.
Opportunity to restructure the gross lease to increase NOI at options.
Growing healthcare needs, an aging population, and advancements in rehabilitation medicine continue to support demand for prosthetic & orthotic care.
Cap Rate: 8.04 %

Major Tenants

Tenant SF Occupied Lease End Date
118 Airway Dr - The Airway Drive 3,700 SF 8/31/2028

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Evan Beeson 612-432-9935 Sands Investment Group
Evan Beeson 612-432-9935 Sands Investment Group