1110 Arbor Dr Decatur, IL 62526

This 4,996 square foot executive office building in Decatur, Illinois, presents a compelling investment opportunity. Located at 1110 W Arbor Dr, 62526, this multi-tenant property boasts a strong 8.80% cap rate and a net operating income (NOI) of $42,160, with an asking price of $479,000 ($95.88/sq ft). Built in 1999, the building sits on a sizable 1.79-acre corner lot in a high-traffic area, close to a shopping mall, residential areas, restaurants, and Interstate 72. All four office spaces are currently occupied under a NNN lease structure. Recent improvements include a new roof and parking lot resurfacing (2020), and several units have undergone recent remodeling. The property also features excess land on the north end, presenting potential for future development of an additional building. This is an exceptional opportunity to acquire a well-maintained, income-producing asset in a desirable location.