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Steel City Plaza

$1,700,000

3361 Fehling Road, Granite City, IL 62040

Active
Last Updated: 02/19/2026

10.98

Cap Rate

186,685

NOI

Details:
Cap Rate:    10.98%
NOI:    $186,685
Building Size:    15,600 sqft
Lot Area:    1.3 acres
Occupancy:    84.61%
Year Built:    1989
Price Per Sqft:    $108.97
Tenancy:    Multiple
Highlights:
  • • 15,600 square feet
  • • Imo’s Pizza, Central Laundry, Nail Salon, Café & more
  • • 85% Occupied
  • • NNN Leases
  • • 2,400sf For Lease
  • • NOI of $186,685
  • • $1,700,000 = 10.98% CAP // $108 PSF
Description:

Manor real estate is pleased to present the opportunity to acquire a 100% fee simple interest in a two (2) property portfolio within Granite City, Illinois (“The Properties”), comprised of Steel City Plaza and Green Professional Park
Steel City Plaza is an established 15,600 square foot multi-tenant retail center with 84.6% occupancy. The center features a desirable mix of 7 tenants with uses including Imo’s Pizza, a Nail Salon, Laundromat, Hair Salon and more.
Green Professional Park is a four (4) building office complex, each building measuring approximately 3,584 square feet. Green Professional Park is a tremendous value-add opportunity through lease-up of vacancy and/or sales of the individual buildings to end users.
The Properties are being offered solely as a package for $2,150,000 (8.6% CAP).

Map:
Documents:
Title
Granite_City_2-Property_Portfolio_-_O.M..pdf
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