For Sale
$2,055,000

365 Ash AveDecatur, IL 62526

Class A Office, 17,189 SF, 9.5% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
115

Highlights

  • $2,055,000 asking price for a stabilized Class A office investment.
  • 17,189 square feet, multi-tenant (7 tenants) with 100% occupancy.
  • $119.55 price per square foot, 9.50% cap rate, $195,152 NOI.
  • NNN lease type with corporate guarantees.
  • Two, one-story buildings totaling 17,189 rentable square feet on a 1.92-acre lot in Decatur, IL.
  • Built in 1997 (one building) and 2000 (one building), renovated in 2022.

Property Details for 365 Ash Ave

Property type
Office properties
Square Feet
17,189 SF
Class
A
Year Built/Renovated
1997/2022
Buildings
2
Stories
1
Lot Size (sq. ft)
83,635 SF
Units
7

Location Insight

City
Decatur
County
Macon
State
Illinois
Latitude
39.8976164
Longitude
-88.9522634
365 Ash Ave, Decatur, Illinois
Leaflet | © OpenStreetMap contributors

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at support@realmo.com and they will add the team member.
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 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 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 support@realmo.com.
365 Ash Ave
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 Select options
Please enter message