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Shopping Strip

Sherwin-Williams & DaVita

792 E Wood St, Decatur, IL 62523

Listing Price: $1,295,000

Cap Rate
6.80%
Gross SF
15,000
Rentable SF
15,000
Price/Gross SF
$86.33
Lot Size
1.02 acres
Year Built
1956

Investment Overview

Over 77,000 Residents Within Five Miles

Average Household Income Of $62,987 Within Five Miles

Investment Highlights

  • 100% Occupied - Two Tenant Building
  • Sherwin-Williams - Long Term Occupancy – Since 1967 (Over 57 Years)
  • Davita - Recent Five Year Extension With Rent Increase - Long Term Occupancy – Since 2000 (Over 24 Years)
  • New Roof / Two New HVAC Units / Newer Parking Lot (Davita Side)
  • Sherwin-Williams – Significantly Below Market Rent
  • Davita Reimburses Tax, Cam & Insurance / Sherwin-Williams is Modified Gross

Exclusively Listed By

  • Jeff R. Rowlett

    Senior Managing Director Investments

    (262) 364-1924

    Email Jeff

    License(s): WI: 74743-94, IL: 471.016866

    Milwaukee

Broker of Record

  • Steven D. Weinstock

    Senior Vice President/Regional Manager

    (630) 570-2200

    License(s) IL: 471.011175

    Illinois

Shopping Strip

Sherwin-Williams & DaVita

Listing Price: $1,295,000

Cap Rate
6.80%
Gross SF
15,000
Rentable SF
15,000
Price/Gross SF
$86.33
Lot Size
1.02 acres
Year Built
1956

Investment Highlights

  • 100% Occupied - Two Tenant Building
  • Sherwin-Williams - Long Term Occupancy – Since 1967 (Over 57 Years)
  • Davita - Recent Five Year Extension With Rent Increase - Long Term Occupancy – Since 2000 (Over 24 Years)
  • New Roof / Two New HVAC Units / Newer Parking Lot (Davita Side)
  • Sherwin-Williams – Significantly Below Market Rent
  • Davita Reimburses Tax, Cam & Insurance / Sherwin-Williams is Modified Gross

Investment Overview

Over 77,000 Residents Within Five Miles Average Household Income Of $62,987 Within Five Miles

Exclusively Listed By

  • Jeff R. Rowlett

    Senior Managing Director Investments

    (262) 364-1924

    Email Jeff

    License(s): WI: 74743-94, IL: 471.016866

    Milwaukee

Broker of Record

  • Steven D. Weinstock

    Senior Vice President/Regional Manager

    (630) 570-2200

    License(s): IL: 471.011175

    Illinois

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