Northwest Professional Building | 2727 N Oakland Ave
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Northwest Professional Building 2727 N Oakland Ave
13,200 SF Office Building Decatur, IL 62526 $2,225,430 CAD ($169 CAD/SF) 9.32% Cap Rate
Investment Highlights
- 75% of the NOI by Smile Brands (Largest DSO in the United States with over 700 offices throughout 30 states)
- Low Price point for medical asset
- Strong unit level financials
- New 20 Ton HVAC unit replaced 2024
Executive Summary
Multi-Tenant medical office building
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
13,200 SF
Building Class
C
Year Built
1982
Price
$2,225,430 CAD
Price Per SF
$169 CAD
Cap Rate
9.32%
NOI
$207,410 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
13,200 SF
Building FAR
0.19
Lot Size
1.58 AC
Zoning
B-2 - Commercial
Parking
95 Spaces (7.2 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
Parcel Number | 04-12-04-277-002 | Improvements Assessment | $485,990 CAD |
Land Assessment | $91,374 CAD | Total Assessment | $577,364 CAD |
PROPERTY TAXES
Parcel Number
04-12-04-277-002
Land Assessment
$91,374 CAD
Improvements Assessment
$485,990 CAD
Total Assessment
$577,364 CAD
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Northwest Professional Building | 2727 N Oakland Ave
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