Log In/Sign Up
Your email has been sent.
Investment Office Building 2421 Corporate Center Dr 25,000 SF 94% Leased Office Building Granite City, IL 62040 $2,511,260 CAD ($100.45 CAD/SF) 10.22% Cap Rate
EXECUTIVE SUMMARY
25,000 SF Office investment property with a 93% occupancy. Anchor Tenants – Bethany occupies 25% rentable space of the total building with recent expansion and lease extensions. Quantum Vision occupies 22%. Room for growth and additional income. The HVAC for the second floor was replaced in 2021. The first floor unit was rebuilt and had the compressors replaced in 2014. Roof was replaced in 2025. Landscaping and parking lot surface patched and striped in 2024.
Office building is located in a professional office park in Granite City, Illinois, this location offers easy access to major highways, including Interstate 270, making it convenient for both employees and clients.
Office building is located in a professional office park in Granite City, Illinois, this location offers easy access to major highways, including Interstate 270, making it convenient for both employees and clients.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
25,000 SF
Building Class
B
Year Built/Renovated
1979/1999
Price
$2,511,260 CAD
Price Per SF
$100.45 CAD
Cap Rate
10.22%
NOI
$256,651 CAD
Percent Leased
94%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
12,500 SF
Building FAR
0.23
Lot Size
2.47 AC
Zoning
Commercial - Granite City - Specified Highway Related Commercial Use
Parking
73 Spaces (2.92 Spaces per 1,000 SF Leased)
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 2nd Fl-Ste 204
- 1,490 SF
- Office
- -
- Now
| Space | Size | Space Use | Condition | Available |
| 2nd Fl-Ste 204 | 1,490 SF | Office | - | Now |
2nd Fl-Ste 204
| Size |
| 1,490 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1 1
PROPERTY TAXES
| Parcel Number | 22-2-20-09-07-201-027 | Improvements Assessment | $0 CAD |
| Land Assessment | $33,670 CAD | Total Assessment | $33,670 CAD |
PROPERTY TAXES
Parcel Number
22-2-20-09-07-201-027
Land Assessment
$33,670 CAD
Improvements Assessment
$0 CAD
Total Assessment
$33,670 CAD
1 of 14
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Investment Office Building | 2421 Corporate Center Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.