Single-Tenant Net Leased Investment Opportunity

Investment Overview

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.

Investment Highlights

• A+ (S&P) rated tenant — HSHS operates 14 hospitals across Illinois and Wisconsin
• 11.35% going-in cap rate with $110,629 annual NOI
• 2% annual rental increases delivering consistent contractual NOI growth
• Fully redeveloped in 2021, limiting near-term capital requirements
• Established retail corridor with Walmart, Home Depot, CVS, and Starbucks nearby
• Affluent trade area with average household incomes exceeding $107,932