Map of Property

Single-Tenant Net Leased Investment Opportunity

For Sale

406 Hartman Ln, O Fallon, IL 62269

This O Fallon property for sale is located at 406 Hartman Ln. The general use of Single-Tenant Net Leased Investment Opportunity is office and it incorporates 3,246 square feet of class B office space. The current listed sale price for Single-Tenant Net Leased Investment Opportunity is $975,000. Single-Tenant Net Leased Investment Opportunity is situated on a lot that is 0.92 acre in size.

Contacts

Zane Peterson

Main Place Properties

Property Details

  • 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 25, 2026
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.
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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

Attachments

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  • 45/100

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Location

  • City O Fallon, IL
  • Zip Code 62269
  • Market St Louis

Points of Interest

  • Sam's Club

    0.41 miles

  • Shell

    0.59 miles

  • Circle K

    0.90 miles

  • Moto Mart

    1.11 miles

  • Motomart

    1.53 miles

  • Hucks

    2.33 miles

  • MotoMart

    3.99 miles

  • Zephyr Express

    4.32 miles

  • BP

    4.34 miles

  • Garden Ridge Parking

    0.30 miles

  • Hardee's Parking

    0.31 miles

  • OTHS Parking

    2.47 miles

  • OTHS Faculty Parking

    2.52 miles

  • OTHS Weber Field Parking

    2.68 miles

  • O'Fallon Park and Ride

    3.94 miles

  • Metro Link Long Term Parking

    5.21 miles

  • Rental Car Lot

    7.73 miles

  • Madison County Transit - Park and Ride

    8.92 miles

  • Candlewood Suites

    0.11 miles

  • Baymont O'Fallon St. Louis Area

    0.15 miles

  • Extended Stay America

    0.45 miles

  • Suburban Extended Stay Hotel

    0.46 miles

  • La Quinta Inn & Suites

    0.46 miles

  • Country Inn & Suites by Carlson

    0.50 miles

  • Sleep Inn & Suites

    0.65 miles

  • Hilton Garden Inn

    0.88 miles

  • TownePlace Suites

    1.07 miles

  • Fairfield Inn & Suites O’Fallon, IL

    1.17 miles

  • Walmart Supercenter

    0.63 miles

  • Dierbergs

    1.56 miles

  • Target

    1.62 miles

  • Schnucks

    1.64 miles

  • Dillard's

    1.81 miles

  • JCPenney

    1.87 miles

  • Saint Clair Square Mall

    1.89 miles

  • Macy's

    1.96 miles

  • Kohl's

    2.15 miles

  • Ross

    2.17 miles

Contact Listing Broker
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