1025-1029 N Water St - Medical FOR SALE
Decatur, IL 62523 |
1025-1029 N Water St
Decatur, IL 62523
HIGHLIGHTS
- Illinois Department of Human Services Does Not have a Kick Out Clause in their Lease, it is a Firm 5-Year Term
- NOI = $177,250
- 21,294 SF Two Tenant Retail Building with Billboard Income
- Tenants include CSL Plasma (27 Year Tenure) and Illinois Health and Human Services ( 2022 Lease Expires 12/31/27, One, 5-Year Renewal Option )
- 11,835 Cars Passing the Site Daily; Nearby Demand Drivers include Millikin University and Established Residential
- Strong 2023 Demographics with Five Mile Population of ±75,985 and Average Household Income of ±$63,648
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
CSL & IL DHS Anchored Center - Decatur, IL
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
23999
STORIES
1
BUILDING CLASS
C
YEAR BUILT
1980
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.24 AC AC
LAND SF
54,014 SF
ZONING
-
APN/PARCEL ID
04-12-10-434-013
