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
Broker of Record
-
Steven D. Weinstock
Senior Vice President/Regional Manager
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
Broker of Record
-
Steven D. Weinstock
Senior Vice President/Regional Manager

