2311 Hoffman Dr | Effingham, IL 62401
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- LoopNet Team
2311 Hoffman Dr
Effingham, IL 62401
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Single Tenant State-Leased Office Property: 6,220 SF Office on 1.14-Acres | Built 1989
- Build to Suit for Tenant: 36 Year Operating History | 5 Year Renewal (May 2023) | 3.2 Years Remaining | (1) 5 Year Option Remaining
- Strategic Location at Hoffman Dr & S Banker St/US-45: Major North-South Corridor with Direct Access to I-70 & I-57
- Credit Rated Tenant: Illinois Department of Employment Security (IDES) (S&P: A-)
- Exclusive Regional Workforce Location: Only IDES Office Serving Effingham County
- Strong Market Fundamentals: 76% Daytime Population Increase (Within 3 Miles)
PROPERTY FACTS
Property Type
Office
Building Size
6,220 SF
Building Class
C
Year Built
1989
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,220 SF
Building FAR
0.13
Lot Size
1.14 AC
Zoning
M-1 - Light Industrial District
Parking
60 Spaces (9.65 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 0311032087 | Improvements Assessment | $136,440 |
| Land Assessment | $44,850 | Total Assessment | $181,290 |
PROPERTY TAXES
Parcel Number
0311032087
Land Assessment
$44,850
Improvements Assessment
$136,440
Total Assessment
$181,290
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