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3 Professional Dr
Alton, IL 62002
3 Professional Dr. · Office Property For Sale
INVESTMENT HIGHLIGHTS
- 100% Occupancy with long-term leases.
EXECUTIVE SUMMARY
Fully Occupied, 3-tenant, single-story, 10,000 SF medical office building located off the expressway in Alton, IL.
in a professional business park is zoned Commercial and light industrial and is located in a commercial area with hotels, restaurants, offices, medical/health services and
retail.
Located near a high traffic intersection at College Ave, Route 3 and Homer Adams Parkway (approximately 30000 VPD).
in a professional business park is zoned Commercial and light industrial and is located in a commercial area with hotels, restaurants, offices, medical/health services and
retail.
Located near a high traffic intersection at College Ave, Route 3 and Homer Adams Parkway (approximately 30000 VPD).
PROPERTY FACTS Under Contract
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
10,000 SF
Building Class
B
Year Built/Renovated
1996/2024
Price
$2,411,150 CAD
Price Per SF
$241.11 CAD
Cap Rate
8.60%
NOI
$207,359 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
10,000 SF
Building FAR
0.15
Lot Size
1.57 AC
Zoning
commercial - C2 - Commercial Office
Parking
72 Spaces (7.2 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Security System
- High Ceilings
- Partitioned Offices
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 23-2-08-08-05-101-056 | Improvements Assessment | $462,864 CAD |
| Land Assessment | $171,648 CAD | Total Assessment | $634,513 CAD |
PROPERTY TAXES
Parcel Number
23-2-08-08-05-101-056
Land Assessment
$171,648 CAD
Improvements Assessment
$462,864 CAD
Total Assessment
$634,513 CAD
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