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Office Medical

P - 2499 Decatur | IL

2499 N Monroe St, Decatur, IL 62526

Listing Price: $164,000

Cap Rate
2.12%
Gross SF
4,100
Rentable SF
4,100
Price/Gross SF
$40.00
Occupancy
50.0%
Year Built
1999
Lot Size
0.08 acres

Investment Overview

Marcus Millichap is pleased to exclusively present for sale 2499 North Monroe St, located in Decatur, Illinois. The class-C, medical-office building consists of 4,100 square-feet and is situated on a 0.08-acre parcel. The building is approximately 50-percent occupied the current tenant includes Nehemiah Tan, MD. Well positioned, the property sits directly across from Decatur Memorial Hospital’s campus.

Investment Highlights

  • YEAR BUILT: N/A RSF: 4,100 SF
  • OCCUPANCY: 50% WALT: 2.33
  • NOI: [$539]

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    (630) 570-2250

    License(s) IL: 471.011175

    Illinois

Office Medical

P - 2499 Decatur | IL

Listing Price: $164,000

Cap Rate
2.12%
Gross SF
4,100
Rentable SF
4,100
Price/Gross SF
$40.00
Occupancy
50.0%
Year Built
1999
Lot Size
0.08 acres

Investment Highlights

  • YEAR BUILT: N/A RSF: 4,100 SF
  • OCCUPANCY: 50% WALT: 2.33
  • NOI: [$539]

Investment Overview

Marcus Millichap is pleased to exclusively present for sale 2499 North Monroe St, located in Decatur, Illinois. The class-C, medical-office building consists of 4,100 square-feet and is situated on a 0.08-acre parcel. The building is approximately 50-percent occupied the current tenant includes Nehemiah Tan, MD. Well positioned, the property sits directly across from Decatur Memorial Hospital’s campus.

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    (630) 570-2250

    License(s): IL: 471.011175

    Illinois

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