For Sale
$1,491,125
2727 Oakland Ave Decatur, IL 62526
High-Yield Medical Office Investment
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 132
Highlights
- 75% of Net Operating Income (NOI) derived from Smile Brands, the nation's largest dental service organization (DSO) with over 700 locations.
- Hage Orthodontics recently signed a new lease.
- Smile Brands exercised their lease option, demonstrating strong market commitment.
- Attractively priced medical office building.
- Excellent property-level financial performance.
- New 20-ton HVAC system installed in 2024.
Property Details for 2727 Oakland Ave
- Property type
- Office properties, Medical offices
- Square Feet
- 13,200 SF
- Lot Size (sq. ft)
- 71,438 SF
Location Insight
- City
- Decatur
- County
- Macon
- State
- Illinois
- Latitude
- 39.8719511
- Longitude
- -88.9736222
Nearby Similar for Sale
FAQs
- What type of property is this?
- Office property - High-Yield Medical Office Investment
- Where is the office property located?
- The property is located at 2727 Oakland Ave Decatur, IL.
- What is the asking price?
- The asking price for this property is $1,491,125.
- What are key features of this property?
- This property features: 75% of Net Operating Income (NOI) derived from Smile Brands, the nation's largest dental service organization (DSO) with over 700 locations.; Hage Orthodontics recently signed a new lease.; Smile Brands exercised their lease option, demonstrating strong market commitment.
- How can I contact the broker?
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