ATLAS SURGICAL GROUP | 741 Insight Ave
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ATLAS SURGICAL GROUP 741 Insight Ave
8,540 SF Office Building O'Fallon, IL 62269 $9,594,669 CAD ($1,123 CAD/SF) 6.75% Cap Rate
Investment Highlights
- Brand new 10-year leased to be executed at closing
- Certificate of Need (CON) Attached to the Property
- Annual rental increases
- NNN lease structure offers a passive investment opportunity to both local and national investors
- Located in a strong medical corridor
Executive Summary
Broker of Record
Matthew M. Fitzgerald
License No. 478027547 (IL)
Matthew M. Fitzgerald
License No. 478027547 (IL)
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
8,540 SF
Building Class
C
Year Built
2020
Price
$9,594,669 CAD
Price Per SF
$1,123 CAD
Cap Rate
6.75%
NOI
$647,640 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
8,540 SF
Building FAR
0.98
Lot Size
0.20 AC
Zoning
PB - Planned Business
Parking
38 Spaces (4.45 Spaces per 1,000 SF Leased)
Amenities
- Signage
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PROPERTY TAXES
Parcel Number | 04-30-0-303-102 | Improvements Assessment | $483,911 CAD |
Land Assessment | $15,127 CAD | Total Assessment | $499,039 CAD |
PROPERTY TAXES
Parcel Number
04-30-0-303-102
Land Assessment
$15,127 CAD
Improvements Assessment
$483,911 CAD
Total Assessment
$499,039 CAD
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ATLAS SURGICAL GROUP | 741 Insight Ave
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