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103 Centre Dr
Petersburg, IL 62675

$1,095,000 USD

Office For Sale • 3,325 SF

Property Details

Property Type Office
Total Building Size 3,325 SF
Lot Size 1.31 AC
Building Class C
Year Built 2016
Cap Rate 8.65 %
Tenancy Single
Zoning R-1

20 Walk Score

                
                    Highlights
                
                                Investment Grade GSA Tenant
                            
                                Early 5-Year Lease Extension
                            
                                Build-to-Suit Government Facility (2016)
                            
                                Rental Rate Increase in New Term
                            
                                No Landlord Improvements Required for Extension
                            
                                County Seat Location (Springfield, IL MSA)

Property Flyers

USDA Building Brochure (103 Centre Dr - Petersburg, IL)

Financial Summary (Proforma)

Net Operating Income: $94,755 USD (2027)

Cap Rate:	8.65 %
Total Expenses:	$24,945 USD

Major Tenants

Tenant	SF Occupied	Lease End Date
USDA	3,325 SF	2/29/2032

Amenities

Atrium
Controlled Access
Courtyard
Security System
Signage
Wheelchair Accessible
Reception
Storage Space
Air Conditioning

Public Transportation

Airport	Drive	Walk	Distance
Abraham Lincoln Capital	33 min	-	20.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	23
Type:	Surface
Included in Rent:	Yes

Blake Pryor, CCIM 217-547-6650 Coldwell Banker Commercial Devonshire Realty

103 Centre Dr Petersburg, IL 62675