- For Sale $975,000
- Property Type Office - General Office
- Property Size 3,246 SF
- Lot Size 0.92 Acre
- Building Class B
- Year Built 2003
- Year Renovated 2021
- Date Updated Sep 4, 2026
Description
Established suburban commercial corridor in O'Fallon, with excellent access near Interstate 64 and U.S. Highway 50.Proudly presented in cooperation with Matthews Real Estate Investment Services.
Presenting an exceptional office investment opportunity at 406 Hartman Ln, O Fallon, IL. This meticulously maintained 3,246 SF building, renovated in 2021, offers a turnkey investment for office building investors. With a desirable B-1-P zoning and 100% occupancy, this property provides a secure income stream and strong tenant stability. Built in 2003, the property's modern amenities and prime location make it an attractive choice for investors seeking high-quality office assets. Seize the chance to enhance your portfolio with this lucrative and well-positioned office building investment opportunity.
Highlights
- 11.35% going-in cap rate with $110,629 annual NOI
- 2% annual rental increases delivering consistent contractual NOI growth
- A+ (S&P) rated tenant HSHS operates 14 hospitals across Illinois and Wisconsin
- Affluent trade area with average household incomes exceeding $107,932
- Established retail corridor with Walmart, Home Depot, CVS, and Starbucks nearby
- Fully redeveloped in 2021, limiting near-term capital requirements
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Contacts
Zane Peterson
Main Place Properties
Location
Contact Listing Broker
Zane Peterson
Main Place Properties
