Multi-Tenant Medical Office Building

2727 N. Oakland Ave., Decatur, IL
Deal Type:
Net Lease
Price:
$1,150,000
Cap Rate:
7.12%
Current Rent:
$174,547
Building Sq. Ft.:
13,200 SF

Investment Highlights

  • 75% of the NOI and 54% of the GLA is occupied by Smile Brands (Largest DSO in the United States with over 700 offices throughout 30 states)
  • 1,836 SF vacancy provides upside/value add component to secure additional medical use
  • Low price point for medical asset
  • Strong unit level financials

Listing Agents

Jordan Williams

Senior Associate
205 209 5671
Jwilliams@stream-cp.com

Adam English

Managing Director
256 694 9803
Adam@stream-cp.com
Jonathan Wolfe STREAM Capital Partners

Jonathan Wolfe

Managing Principal
312 310 2798
Jonathan@stream-cp.com

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