VA Outpatient Clinic (Medical Office) | 10.02% Cap
VA | Walmart Shadowed | Gov. Guarantee
Marketing description
Marcus & Millichap is pleased to exclusively offer for sale the U.S. Department of Veterans Affairs Outpatient Clinic property in Harrisburg, Illinois. Harrisburg is 130 miles southeast of St. Louis, Missouri, and 178 miles northwest of Nashville, Tennessee.
Located at 608 Rollie Moore Drive, the property features an 11,900-square-foot building situated on 1.5 acres of land and is fully leased to two tenants. The property is anchored by the U.S. Department of Veterans Affairs (VA) Outpatient Clinic, which occupies 9,000 square feet (75.6%) of the building. Constructed as a build-to-suit facility in 2012, the VA lease runs through February 2032 and has firm term through February 2027. As a federal agency tenant, the lease is backed by the full faith and credit of the U.S. Government. The remaining space is occupied by Luxe Haven Beauty and Wellness Salon under a two-year gross lease.
The property is situated adjacent to a Walmart Supercenter within an Opportunity Zone. It benefits from proximity to numerous national retailers, including Taco Bell, KFC, Sonic, Dairy Queen, McDonald's, Burger King, AutoZone, Maurices, Great Clips, and Dollar Tree.
The U.S. Department of Veterans Affairs is a cabinet-level federal agency responsible for providing healthcare, benefits, and services to America's veterans. The Harrisburg VA Clinic serves as a vital healthcare access point for veterans throughout Southern Illinois.
Investment highlights
Prime Location - Shadow Anchored by Walmart
Stable Income Stream – Property is generating over $240,000 Net Operating Income in 2026
Opportunity Zone - The property is located in an Opportunity Zone
Government-Backed Lease – U.S. Department of Veterans Affairs, Backed by the Full Faith and Credit of the U.S. Government
Essential Service Provider – VA Clinic Serves as a Primary Healthcare Access Point for Veterans Across Southern Illinois
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