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VA Outpatient Clinic (Medical Office)

608 Rollie Moore Dr, Harrisburg, IL 62946

Listing Price: $2,400,000

Cap Rate
10.02%
Gross SF
11,900
Rentable SF
11,900
Price/Gross SF
$201.68
Lot Size
1.50 acres
Year Built
2012

Investment Overview

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
  • Government-Backed Lease – U.S. Department of Veterans Affairs, Backed by the Full Faith and Credit of the U.S. Government
  • Stable Income Stream – Property is generating over $240,000 Net Operating Income in 2026
  • Essential Service Provider – VA Clinic Serves as a Primary Healthcare Access Point for Veterans Across Southern Illinois
  • Opportunity Zone - The property is located in an Opportunity Zone

Exclusively Listed By

  • David Saverin

    Senior Director Investments

    (314) 889-2555

    Email David

    License(s): MO: 2008013520, IL: 475185449, KS: 00249685

    St. Louis

  • Jake Nowak

    Associate Investments

    (314) 889-2565

    Email Jake

    License(s): MO: 2025007018, IL: 475.216742

    St. Louis

Broker of Record

  • Steven D. Weinstock

    Senior Managing Director, Market Leader - Chicago

    (630) 570-2200

    License(s) IL: 471.011175

    Illinois

Shopping Strip

VA Outpatient Clinic (Medical Office)

Listing Price: $2,400,000

Cap Rate
10.02%
Gross SF
11,900
Rentable SF
11,900
Price/Gross SF
$201.68
Lot Size
1.50 acres
Year Built
2012

Investment Highlights

  • Prime Location - Shadow Anchored by Walmart
  • Government-Backed Lease – U.S. Department of Veterans Affairs, Backed by the Full Faith and Credit of the U.S. Government
  • Stable Income Stream – Property is generating over $240,000 Net Operating Income in 2026
  • Essential Service Provider – VA Clinic Serves as a Primary Healthcare Access Point for Veterans Across Southern Illinois
  • Opportunity Zone - The property is located in an Opportunity Zone

Investment Overview

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.

Exclusively Listed By

  • David Saverin

    Senior Director Investments

    (314) 889-2555

    Email David

    License(s): MO: 2008013520, IL: 475185449, KS: 00249685

    St. Louis

  • Jake Nowak

    Associate Investments

    (314) 889-2565

    Email Jake

    License(s): MO: 2025007018, IL: 475.216742

    St. Louis

Broker of Record

  • Steven D. Weinstock

    Senior Managing Director, Market Leader - Chicago

    (630) 570-2200

    License(s): IL: 471.011175

    Illinois

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