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Springfield Clinic 2005 Jacobssen Dr 18,000 SF 100% Leased Office Building Normal, IL 61761 $2,024,084 CAD ($112.45 CAD/SF) 7.71% Cap Rate
INVESTMENT HIGHLIGHTS
- Prominent Multi-Specialty Clinic: This property is anchored by a well-established, multi-specialty medical clinic that attracts a wide range of patien
- Recent Renovation: The property has recently undergone significant upgrades, enhancing its overall appeal and reducing near-term capital expenditure r
- Built-In Rental Increase of 3.5% in 2027: The lease structure includes a scheduled rent escalation of 3.5% in 2027, ensuring built-in income growth. T
- Located in a Medical Corridor: Strategically situated within a thriving medical corridor, the property benefits from strong synergies with neighboring
EXECUTIVE SUMMARY
Matthew M. Fitzgerald
License # 478027547 (IL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
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- Finance and Insurance
- -
- -
- -
Compeer Financial is a member-owned, Farm Credit cooperative serving and supporting agriculture and rural communities. Compeer Financial provides loans, leases, risk management and other financial services throughout 144 counties in Illinois, Minnesota and Wisconsin. Based in the upper Midwest, Compeer Financial exists to champion the hopes and dreams of rural America. With 1,300 dedicated team members serving approximately 70,500 member-owners, they offer specialized expertise and personalized service regardless of the size of the farm, the type of crop grown or the livestock raised. Compeer Financial services are provided with convenience in mind, through visits to fields, barns and homes, or by maximizing technology to make the most of every hour in every day.
- Premier Podiatry
- Health Care and Social Assistance
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Finance and Insurance | - | - | - | ||
| Premier Podiatry | Health Care and Social Assistance | - | - | - |
PROPERTY TAXES
| Parcel Number | 14-24-355-001 | Improvements Assessment | $371,753 CAD |
| Land Assessment | $123,229 CAD | Total Assessment | $494,982 CAD |
PROPERTY TAXES
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Springfield Clinic | 2005 Jacobssen Dr
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