105 -107 Airway Dr – The Airway Drive Portfolio

105 Airway Drive, Marion, IL, USA

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.

  • 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.

In Cooperation With Sands Investment Group Illinois, LLC – Lic. #481013714 BoR: Andrew Ackerman – Lic. IL #471021429

105 Airway Drive, Marion, IL, USA

DEPARTMENT OF CHILDREN AND FAMILY SERVICES

105 & 107 Airway Drive are occupied by the Illinois Department of Children and Family Services (DCFS), the state agency responsible for protecting children, supporting families, and providing child welfare services throughout Illinois. As a government tenant, DCFS delivers essential public services and benefits from stable operational demand, contributing to the property’s long-term occupancy and institutional-quality tenancy.

Price

$1,091,000

Cap Rate

9.24%

PREMISES

9,700 SF

RENEWAL OPTIONS

None

Lease Expiration

06/30/2030

Lease Type

Modified Gross

RENTAL INCREASES

None

BROKERS

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