2021 Timberbrook Cul-De-Sac Springfield, IL 62702
- Office Properties & Spaces
- 3,500 SF
Current Use by Public Records
- Office Properties & Spaces
Property Details for 2021 Timberbrook Cul-De-Sac
- Property size
- 3,500 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Land
Description
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.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Sangamon
- State
- Illinois
- Longitude
- -89.6878
- Latitude
- 39.8029
