3090 N Main St - Office FOR SALE


Decatur, IL 62526
$1,247,500 USD
217-454-8800
3090 N Main St, Decatur, IL for Sale
$1,247,500 USD
Office - FOR SALE
1/27
null | 8% Cap Rate

3090 N Main St
Decatur, IL 62526


OVERVIEW

Main Place Properties proudly presents an exceptional investment opportunity in Decatur, Illinois. This well-maintained commercial property is a 10,160 square foot building on a sizable 38,333 square foot lot, offering investors a stable and lucrative asset. Property Highlights: Tenant Stability: The property hosts three established tenants, all on Triple Net (NNN) leases, ensuring minimal landlord responsibilities and a consistent revenue stream. Attractive Financials: With an 8% capitalization rate, this property offers strong returns and a reliable income for savvy investors. Quality Construction: The building is well-constructed and maintained, reducing potential maintenance costs and preserving property value. Strategic Location: Prime Area: Located in a bustling part of Decatur, the property benefits from high visibility and accessibility. Convenient Access: Close proximity to major highways and public transportation, facilitating easy access for tenants and customers alike. Local Amenities: Surrounded by a variety of amenities, including shopping centers, dining options, and essential services, enhancing the property’s appeal to tenantsWhy Decatur? Decatur is a dynamic city with a diverse economy, robust infrastructure, and a supportive business environment. Investing in this property means securing a foothold in a thriving market with excellent growth potential. Contact Us: Don’t miss out on this exceptional investment opportunity. For more information or to schedule a viewing, please contact James at Main Place Properties. Invest wisely, invest in Decatur.

FOR SALE DETAILS

PRICE

$1,247,500 USD

PRICE/SF

$110 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.88 AC

LAND SF

38,333 SF

ZONING

MUNICIPAL

APN/PARCEL ID

07-07-34-478-016

ASK ABOUT THIS PROPERTY

Zane PetersonMain Place Real EstateMore Info
217-454-8800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Zane PetersonMain Place Real EstateMore Info
217-454-8800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.