365 Ash Ave Decatur, IL 62526

This exceptional Class A office building in Decatur, IL, presents a compelling investment opportunity. The 5,720 square-foot property, built in 2000 and situated on a 1.18-acre lot, boasts 100% occupancy with a strong tenant mix including Edward Jones, All Ways Caring, and Traditions Health. The building features three units, offering flexibility and potential for future growth. The property benefits from a triple-net (NNN) lease structure with corporate guarantees, ensuring consistent cash flow. The current Net Operating Income (NOI) stands at $77,867, yielding a 9.49% cap rate. The asking price is $820,480, translating to $143.44 per square foot. Rent bumps are included in the lease agreements. The property is zoned B-2 and enjoys a highly visible location with prominent signage, less than half a mile from interstate access. The surrounding area features high-traffic retail centers anchored by major national brands like Sam's Club and Walmart, along with numerous other businesses, ensuring high visibility and strong tenant demand. This property offers a rare combination of strong financial performance, stable tenancy, and a prime location in a thriving commercial area. The property's address is 365 E Ash Ave, Decatur, IL 62526. The Macon County location provides easy access to major transportation routes, connecting Decatur to Springfield, Bloomington-Normal, Champaign-Urbana, St. Louis, Indianapolis, and Chicago.