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Northwest Professional Building 2727 N Oakland Ave

13,200 SF Office Building Decatur, IL 62526 £1,225,864 (£93/SF) 9.32% Net Initial Yield

Investment Highlights

  • 75% of the NOI by Smile Brands (Largest DSO in the United States with over 700 offices throughout 30 states)
  • Low Price point for medical asset
  • Strong unit level financials
  • New 20 Ton HVAC unit replaced 2024

Executive Summary

Multi-Tenant medical office building

Property Facts

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
13,200 SF
Building Class
C
Year Built
1982
Price
£1,225,864
Price Per SF
£93
Net Initial Yield
9.32%
NOI
£114,251
Tenancy
Single
Number of Floors
1
Typical Floor Size
13,200 SF
Building FAR
0.19
Lot Size
1.58 AC
Zoning
B-2 - Commercial
Parking
95 Spaces (7.2 Spaces per 1,000 SF Leased)
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PROPERTY TAXES

Parcel Number 04-12-04-277-002 Improvements Assessment £270,674
Land Assessment £50,891 Total Assessment £321,565

PROPERTY TAXES

Parcel Number
04-12-04-277-002
Land Assessment
£50,891
Improvements Assessment
£270,674
Total Assessment
£321,565
(205) 209-5671

Contacts

  • Listing ID: 32656391

  • Date on Market: 01/08/2024

  • Last Updated:

  • Address: 2727 N Oakland Ave, Decatur, IL 62526

The Office Property at 2727 N Oakland Ave, Decatur, IL 62526 is currently available for sale. Contact Stream Capital Partners for more information.

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© 2024 CoStar Group

Northwest Professional Building | 2727 N Oakland Ave
(205) 209-5671 x

Northwest Professional Building | 2727 N Oakland Ave

1/2

Jordan Williams

(205) 209-5671

(205) 209-5671

Jordan Shtulman

(847) 226-4133

(847) 226-4133

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