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3161 W White Oaks Dr
Springfield, IL 62704
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Banks, restaurants and shopping are just blocks away.
- This site is just west of Veterans Parkway at the intersection of Southwest Plaza Dr. and West White Oaks Dr
- Located near other large, professional office buildings such as Park Place One, HSHS Building and others.
EXECUTIVE SUMMARY
One of the premier office buildings available for sale on the west side of Springfield. Property is approx. 93% leased with
quality tenants. Situated on +/- 3 acres, building features ample parking, pond views, class A amenities, excellent location,
newer HVAC units, newer roof, and a favorable NOI. Priced at an 9.1% cap rate. Contact listing agent for more details.
quality tenants. Situated on +/- 3 acres, building features ample parking, pond views, class A amenities, excellent location,
newer HVAC units, newer roof, and a favorable NOI. Priced at an 9.1% cap rate. Contact listing agent for more details.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
52,500 SF
Building Class
A
Year Built
2000
Price
$5,750,000
Price Per SF
$109.52
Cap Rate
9.10%
NOI
$523,250
Percent Leased
96%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
17,500 SF
Building FAR
0.33
Lot Size
3.69 AC
Zoning
S-1
Parking
200 Spaces (3.8 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $943,650 | |
| Land Assessment | $179,790 | Total Assessment | $1,123,440 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$179,790
Improvements Assessment
$943,650
Total Assessment
$1,123,440
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