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2727 N Oakland Ave
Decatur, IL 62526
Northwest Professional Building · Office Property For Sale

INVESTMENT HIGHLIGHTS

  • Multi-Tenant medical office building
  • 1,836 SF vacancy provides upside/value add component to secure additional medical use
  • Strong unit level financials
  • 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)
  • Low Price point for medical asset

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
13,200 SF
Building Class
C
Year Built
1982
Tenancy
Single
Building Height
1 Story
Typical Floor Size
13,200 SF
Building FAR
0.19
Lot Size
1.58 AC
Zoning
B-2 - Commercial
Parking
95 Spaces (7.2 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-12-04-277-002
Land Assessment
$67,354
Improvements Assessment
$358,238
Total Assessment
$425,592
  • Listing ID: 25001382

  • Date on Market: 2/7/2022

  • Last Updated:

  • Address: 2727 N Oakland Ave, Decatur, IL 62526

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