Novanis Office
For Sale
Contact for pricing
3161 W WHITE OAKS Drive, Springfield, IL 62704
Substantially leased office property with pond views, updated HVAC systems, and a newer roof.
Property SizeContact for details
Days on Market143
Property Features for 3161 W WHITE OAKS Drive
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
The Real Estate Group Inc
(217) 553-7022
Listed By:
Curtis Tillett · License #IL 475089421
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 7:33PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Real Estate Group Inc
Investment Insights
Based on property information with market context.
The Novanis Building is an office property on approximately 3 acres with pond views and ample parking. Building improvements include newer HVAC units and a newer roof, providing updated core systems for the existing office environment.
Located at 3161 W White Oaks Drive in Springfield, Illinois, the property is positioned on the west side of the city. Approximately 93% of the building is leased, and the offering reflects a 9.1% cap rate.
Located at 3161 W White Oaks Drive in Springfield, Illinois, the property is positioned on the west side of the city. Approximately 93% of the building is leased, and the offering reflects a 9.1% cap rate.
Key Highlights
- Approximately 93% leased
- 9.1% cap rate
- Situated on +/- 3 acres
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,060
Businesses Nearby
Explore this area
Business Placement
Demographics for 62704, IL
39,157
Population
20,706
Households
1.9
Avg Household Size
40
Median Age
42%
College-Educated
95%
High-School Grad
12.2 sq mi
ZIP Area
3,210
Density / Sq Mi
$66,352
Median Household Income
$44,793
Median Earnings
$924
Median Rent
$166,900
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office building - Substantially leased office property with pond views, updated HVAC systems, and a newer roof.
Where is this office building located?
The property is located at 3161 W WHITE OAKS Drive Springfield, IL.
What are key features of this property?
This property features: Approximately 93% leased; 9.1% cap rate; Situated on +/- 3 acres
