Listed by Sands Investment Group
$1,091,000
105-107 Airway Dr - The Airway Drive Portfolio
Details
Property Type Office
Sub Type Traditional Office
Square Footage 9,700
Cap Rate 9.24%
NOI $100,774
Occupancy 100%
Tenancy Single
Lease Type Modified
Lease Term 5
Lease Expiration 06/30/2030
Remaining Term 4
Lease Options None
Price per SqFt $112
Acreage 1.570
Lease Commencement 07/01/2025
Ground Lease No
105 -107 Airway Dr | 9.24% | Office
Marketing description
Sands Investment Group is pleased to exclusively offer for sale the 9,700 SF 105 - 107 Airway Drive in Marion, IL. The property serves as an important Southern Illinois hub for DCFS operations and community outreach.
Investment highlights
- Government Backed Credit: Illinois Department of Children & Family Services is a State of Illinois agency providing child welfare, foster care, adoption, and family support services, offering a stable government-backed tenancy serving communities throughout Southern Illinois.
- High Yield With Investment Grade Credit: Rare opportunity to acquire a 9.24% CAP Rate asset with government credit.
- Historical Occupancy at the Site: Occupying the space since 2002, IL DCFS has shown its commitment to its southern Illinois location.
- Strategic Regional Office: The property serves as an important Southern Illinois hub for DCFS operations and community outreach.
- Attractive Per Square Foot Basis: Offered at just over $112 PSF, providing investors with an attractive opportunity relative to many healthcare and government-occupied office assets.
- Recession-Resistant Occupancy: As an essential public service provider, DCFS supports stable occupancy regardless of economic conditions.
- Essential Community Services: The tenant delivers critical child welfare, foster care, adoption, and family support programs throughout the region.
Listing Contacts
Listed by Sands Investment Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$100,774.00
$8,397.83/mo
Valuation Metrics
0
DSCR
9.24%
Cap Rate
9.24%
ROI
Map
Zoning
C-1 CommercialGeneral CommercialGeneral Commercial
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View all 24 uses Last updated Mar 6, 2026 For deeper zoning details, reports are available at Zoneomics
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