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5050 Old Collinsville Rd
Swansea, IL 62226
Office Property For Sale


INVESTMENT HIGHLIGHTS
- Fully leased to strong credit tenant through 11/30/2030
- Built in 2002 with 7:1,000 parking ratio
- 7.5% cap rate with stable long-term income
- Located near Scott Air Force Base and major regional employers
EXECUTIVE SUMMARY
This 8,960-square-foot single-tenant office building presents a compelling investment opportunity in the heart of Swansea, Illinois. Situated on 1.53 acres, the property is fully leased to a strong credit tenant through November 30, 2030, offering stable cash flow and long-term income security. With a 7.5% cap rate and a sale price of $1,500,000, the asset delivers attractive returns in a market known for its proximity to major employment centers and regional infrastructure.
Built in 2002, the building features a generous 7:1,000 parking ratio, making it well-suited for professional office use. Its location near Scott Air Force Base enhances tenant appeal and supports ongoing demand from government contractors, defense-related services, and regional employers. The surrounding area includes a mix of residential neighborhoods, retail corridors, and recreational amenities, contributing to a vibrant and accessible business environment.
This property is ideal for investors seeking a stabilized asset with predictable income and minimal management responsibilities. The long-term lease structure and strong tenant profile make it a low-risk addition to any portfolio, particularly for buyers focused on suburban office markets with institutional-grade fundamentals.
Built in 2002, the building features a generous 7:1,000 parking ratio, making it well-suited for professional office use. Its location near Scott Air Force Base enhances tenant appeal and supports ongoing demand from government contractors, defense-related services, and regional employers. The surrounding area includes a mix of residential neighborhoods, retail corridors, and recreational amenities, contributing to a vibrant and accessible business environment.
This property is ideal for investors seeking a stabilized asset with predictable income and minimal management responsibilities. The long-term lease structure and strong tenant profile make it a low-risk addition to any portfolio, particularly for buyers focused on suburban office markets with institutional-grade fundamentals.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
8,960 SF
Building Class
B
Year Built
2002
Price
$1,996,166 CAD
Price Per SF
$222.79 CAD
Cap Rate
7.87%
NOI
$157,041 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
8,960 SF
Building FAR
0.13
Lot Size
1.53 AC
Zoning
C1
Parking
28 Spaces (7 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 03-35.0-302-001 | Improvements Assessment | $494,062 CAD |
| Land Assessment | $117,627 CAD | Total Assessment | $611,689 CAD |
PROPERTY TAXES
Parcel Number
03-35.0-302-001
Land Assessment
$117,627 CAD
Improvements Assessment
$494,062 CAD
Total Assessment
$611,689 CAD
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