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1 Professional Drive #20120

Alton, IL 62002
64,800 sqft
$6,000,000
Photo of 1 Professional Drive Alton IL 62002

Details

Excellent investment opportunity & great central location! Medical office building w/64,800 sf w/approx. 54,000 rsf with over 1/2 of the building rented w/2-5yr NNN leases. The building consists of 2 floors & lwr level. The main floor offers a common area including a lobby, bathrooms, conference room & 2 elevators that service all 3 levels. There is prime space available on the 1st floor for lease. The lower & 2nd level are leased to a large St. Louis based medical healthcare system & 2 other prominent medical tenants. The exterior of the building is brick & glass & sits on 4.3 acres w/ a large asphalt parking area that has approx. 270 parking spaces, w/ 10 handicap. The property has 2 parcels & is zoned C2 General Commercial Dist. Uses include restaurant, retail stores professional/personal services and medical offices. This property has easy access to major hwys (Rte 3, Rte 140 & College Ave) & close to Interstates 255 & 270. Avg. daily vehicle counts are approx. 14,200 VPD.

Specs

Type Commercial
Square Footage 64,800 sqft
Lot Size 4.33 acres
Year Built 1994
Taxes Paid $140,590

Lots & Building Features

Construction Conventional
Cooling Electric
Heating Forced Air
Parking Description Asphalt
Sewer Public Sewer
Tax Year 2023
Water Public
Lot Dimensions 317 x 528 irregular ft

Room Details

Misc Description 2+ Lavatories, Building Sign, Burglar Alarm, Exterior Lighting, Kitchen Facilities, Smoke Alarm/Detec, Sprinkler System

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Financing

$
20%
2.3431666666667%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Area

City Alton
County Madison-IL
Subdivision Parkway Professional Plaza #1
Tricia Sisk & Rick Lauschke, Coldwell Banker Brown Realtors