For Sale
$320,000

2021 Timberbrook Cul-De-Sac Springfield, IL 62702

Prime Springfield, IL office land & building.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional Class A commercial property, located at 2021 TIMBERBROOK Cul-de-sac, Springfield, IL 62702, presents a unique investment opportunity. The property consists of a single-story, 3,500 square foot office building situated on a spacious 26,923 square foot lot. Currently vacant, this building offers significant potential for owner-occupancy or leasing. The property boasts a desirable cul-de-sac location, providing a quiet and professional atmosphere. Ample parking is available with over 25 spaces, including handicap-accessible spots. A detached three-car garage provides additional storage space, along with a loft area for further storage needs. The property is offered at an asking price of $320,000, representing a 4.00% cap rate. The building is categorized as a multi-tenant property under a NNN lease type. This is a partnership ownership opportunity. The property's prime location and versatile features make it an ideal investment for both seasoned and emerging investors seeking a strong return on investment in the thriving Springfield, Illinois market. The building's excellent condition and ample parking make it an attractive option for businesses seeking a professional and convenient workspace. Don't miss this chance to acquire a high-quality commercial property in a sought-after location.

Highlights

  • $320,000 asking price.
  • Class A, 3,500 SF commercial land and office building.
  • NNN lease, multi-tenant, currently vacant.
  • 4.00% cap rate.
  • 26,923 SF lot, single-story building with over 25 parking spaces, including handicap access.
  • Partnership ownership.

Property Details for 2021 Timberbrook Cul-De-Sac

Property type
Office properties, Land
Square Feet
3,500 SF
Class
A
Buildings
1
Stories
1

Location Insight

City
Springfield
County
Sangamon
State
Illinois
Latitude
39.8028601
Longitude
-89.6878241

FAQs

What type of property is this?
Office property - Prime Springfield, IL office land & building.
Where is the office property located?
The property is located at 2021 Timberbrook Cul-De-Sac Springfield, IL.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: $320,000 asking price.; Class A, 3,500 SF commercial land and office building.; NNN lease, multi-tenant, currently vacant.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
2021 Timberbrook Cul-De-Sac
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message