Central Illinois Urgent Care Center — Sale in Forsyth, IL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Forsyth, IL 62535

Investment Figures

Cap rate
7.75%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is please to present for sale a net leased medical office building in Forsyth, Illinois. Investment Highlights: • Brand-New Roof with 20-Year Transferable Warranty • 2021 Full Renovation • Original 10-Year Lease with 5.5 Years Left • Adjacent to Hickory Point Mall - 826,000-Square-Foot Mall with 10 Anchor Tenants - Anchors Include Von Maur, TJMaxx, Kohl's, Ross, Finish Line and Bath & Body Works • Rare 3.00 Percent Annual Rent Bumps in Options • Interstate 72 Exit Corridor Location | Next to Best Buy and PetSmart | Across from Panda Express | Walmart, Lowe's, Sam's Club and Menards Are All Located Down The Street

Market Context

This office in Forsyth, IL is listed for sale. It is offered at an approximate 7.8% capitalization rate, a key benchmark for income-producing office assets. It has been on the market for 100 days. Compare it against other office listings for sale in Forsyth, IL — view the full market.

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