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5 Ludwig Dr
Fairview Heights, IL 62208
 HSHS Medical Group · Retail Property For Sale

Retail Buildings Illinois Fairview Heights 5 Ludwig Dr, Fairview Heights, IL 62208

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INVESTMENT HIGHLIGHTS

  • Corporate Guarantee | Investment Grade Tenant (S&P: A+)
  • Recent Lease Extension | 11+ Year Operating History
  • Recent Capital Improvements | New Roof Installed 2020
  • Exceptionally Rare 4% Annual Rent Increases
  • Recession & E-Commerce Resistant Tenant | Essential Business
  • Nonprofit Stability

EXECUTIVE SUMMARY

HSHS Medical Group - Fairview Heights, IL | 4% Annual Rent Increases | Corporate Guarantee

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,080 SF
Building Class
B
Year Built/Renovated
1992/2002
Price
$1,752,578 CAD
Price Per SF
$345.00 CAD
Cap Rate
7.40%
NOI
$129,691 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.26 AC
Zoning
C1
Parking
30 Spaces (5.91 Spaces per 1,000 SF Leased)
Frontage
159’ on Ludwig Dr

AMENITIES

  • Signage

PROPERTY TAXES

Parcel Number 03-21.0-400-014 Improvements Assessment $192,225 CAD
Land Assessment $175,342 CAD Total Assessment $367,566 CAD

PROPERTY TAXES

Parcel Number
03-21.0-400-014
Land Assessment
$175,342 CAD
Improvements Assessment
$192,225 CAD
Total Assessment
$367,566 CAD
 

  • Listing ID: 34673864

  • Date on Market: 2025-01-31

  • Last Updated:

  • Address: 5 Ludwig Dr, Fairview Heights, IL 62208

The Retail Property at 5 Ludwig Dr, Fairview Heights, IL 62208 is currently available for Sale. Contact Echo West Capital Advisors for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

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