3200 Robbins Rd
Springfield, IL 62704
Office Property For Sale
INVESTMENT HIGHLIGHTS
- 9.22% In-Place Cap Rate
- 14% Cash On Cash Day 1
- 5.7 Year WALT
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
73,210 SF
Building Class
B
Year Built
1993
Price
$7,770,000
Price Per SF
$106.13
Cap Rate
9.22%
NOI
$716,394
Percent Leased
94%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
36,605 SF
Building FAR
0.28
Lot Size
6.00 AC
Zoning
R-5B
Parking
398 Spaces (5.44 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 21-12.0-428-029 | Improvements Assessment | $1,528,416 |
| Land Assessment | $663,400 | Total Assessment | $2,191,816 |
