Description
Commercial Investment Opportunity! Multiple tenant strip building centrally located in Decatur, Illinois. Situated on busy State Route 51 with over 13,000 vehicles per day. The property is currently fully occupied with three medical tenants including Beltone Hearing, Twilight Pediatrics, and Family Eye Care. CAP Rate 9.25%. The property totals .53 acres with the 7,425 square foot building constructed in 1989. Property has been well maintained and has retained many long standing tenants. Recent capital improvements include a new parking lot, roof, and HVAC units. Utilities are separately metered for water, electric, and natural gas. Selling entity has one or more owners who are a licensed realtor. Please do not disturb tenants, contact brokers for all inquiries.
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0BEDS
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0.53ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Commercial Investment Opportunity! Multiple tenant strip building centrally located in Decatur, Illinois. Situated on busy State Route 51 with over 13,000 vehicles per day. The property is currently fully occupied with three medical tenants including Beltone Hearing, Twilight Pediatrics, and Family Eye Care. CAP Rate 9.25%. The property totals .53 acres with the 7,425 square foot building constructed in 1989. Property has been well maintained and has retained many long standing tenants. Recent capital improvements include a new parking lot, roof, and HVAC units. Utilities are separately metered for water, electric, and natural gas. Selling entity has one or more owners who are a licensed realtor. Please do not disturb tenants, contact brokers for all inquiries.
© 2023 Central Illinois Board of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Glenda Williamson Realty. Data last updated: 2023-03-26T20:27:52.943.