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115 Executive Dr
Highland, IL 62249
 NNN Leased Investment Property · Office Property For Sale

Office Spaces Illinois Highland 115 Executive Dr, Highland, IL 62249

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EXECUTIVE SUMMARY

Investment Property
Single tenant office building with long term tenant. Recently signed a five year extension through 12/31/29. Triple-net lease structure where tenant pays all utilities, maintenance and taxes. LED lighting installed 2018. Landlord responsible for roof and structure.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
12,827 SF
Building Class
C
Year Built/Renovated
1989/2016
Price
$2,982,910 CAD
Price Per SF
$232.55 CAD
Cap Rate
8.37%
NOI
$249,670 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
12,827 SF
Building FAR
0.14
Lot Size
2.10 AC
Zoning
C-3 - Highway Business
Parking
58 Spaces (4.52 Spaces per 1,000 SF Leased)

AMENITIES

  • Restaurant

LINKS

PROPERTY TAXES

Parcel Numbers
Multiple
  • 02-2-18-32-00-000-033
  • 02-2-18-32-00-000-034
 Improvements Assessment $610,636 CAD
Land Assessment $41,469 CAD Total Assessment $652,106 CAD

PROPERTY TAXES

Parcel Numbers
Multiple
  • 02-2-18-32-00-000-033
  • 02-2-18-32-00-000-034
Land Assessment
$41,469 CAD
Improvements Assessment
$610,636 CAD
Total Assessment
$652,106 CAD
 

  • Listing ID: 35716519

  • Date on Market: 2025-05-02

  • Last Updated:

  • Address: 115 Executive Dr, Highland, IL 62249

The Office Property at 115 Executive Dr, Highland, IL 62249 is currently available for Sale. Contact BarberMurphy Group for more information.

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115 Executive Dr, Highland, IL for sale Building Photo- Image 6 of 7
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