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Market Center Office Building - Availability Details

Off-Market

141 Market Place, Fairview Heights, IL 62208

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  • Property Type Office - General Office
  • Property Size 45,792 Sqft
  • Lot Size 2.51 Acre
  • Parking Spaces Avail. 160
  • Parking Ratio 3.50/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1980

Location

  • City Fairview Heights, IL
  • Zip Code 62208
  • Market St Louis

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 30 Dec, 1998
  • Purchase Price $2,065,000
  • Arm's Length
  • Buyer Name

Market Trends

Average Actual Rents in Fairview Heights

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Fairview Heights Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $21.20
  • 2020 Office Vacancy Rate 21.28 %
  • 2020 Office Completions (Sqft)
View more Fairview Heights market trends

Tax

  • Property Tax in 2019 $80,779
  • Market Value $3,399,180
  • Assessed Value $3,399,180

Find more tax info, including assessment history and abatements, on CommercialEdge