Essential Services NNN Portfolio FOR SALE


Decatur, IL
$1,160,000 USD
217-403-3379
, Decatur, IL for Sale
$1,160,000 USD
FOR SALE
1/6
null | 9.36% Cap Rate

Essential Services NNN Portfolio
Decatur, IL


HIGHLIGHTS

  • Fully Occupied Corporate NNN Investment Portfolio
  • Single Essential Services Tenant Across All Assets
  • Tenant Commitment to Long-Term Occupancy and Operational Continuity
  • Strong In-Place Net Operating Income with Low Management Requirements
  • Below-Market Rents Provide Significant Future Upside Potential

OVERVIEW

This offering consists of a fully occupied corporate net leased investment portfolio anchored by a single tenant, Abbott EMS Services, across multiple strategically located properties in Decatur, Illinois. The portfolio includes 417-461 W Wood Street, 1645 N 21st Street, and 1102 Ravina Park, all operating under triple net (NNN) lease structures, providing investors with stable, low-management cash flow backed by an established essential services operator. 417 W Wood Street serves as the tenant’s corporate headquarters, while the additional properties support operational, garage, and training functions critical to the tenant’s regional footprint. The portfolio currently generates strong net operating income with below-market rental rates, presenting a significant opportunity for a new owner to increase rents to market over time and realize substantial long-term upside and yield growth. The tenant has expressed a desire to maintain occupancy and continue operations at all locations, creating an attractive opportunity for investors seeking a combination of dependable in-place income, long-term tenancy potential, and future value enhancement through lease restructuring and rental growth. Area Description Located just west of Downtown Decatur in a well-established mixed-use corridor, 417-461 W Wood Street benefits from proximity to the city’s central business district, major employers, and neighborhood retail and service providers. Decatur, a community of approximately 70,000 residents, serves as the economic hub of Macon County with strong healthcare, manufacturing, agribusiness, and logistics sectors anchored by employers such as ADM, Caterpillar, and Decatur Memorial Hospital. The property offers convenient access to key thoroughfares connecting to U.S. Route 36, IL Route 48, and Interstate 72, providing regional connectivity throughout Central Illinois while maintaining walkable access to surrounding residential neighborhoods and downtown amenities.

ASK ABOUT THIS PROPERTY

Nick RagleColdwell Banker Commercial Devonshire RealtyMore Info
217-403-3379

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Nick RagleColdwell Banker Commercial Devonshire RealtyMore Info
217-403-3379

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.