103 Centre Drive, Petersburg, IL 62675
- $1,095,000
- List Price
- $1,095,000
- MLS#
- CA1044617
- Status
- ACTIVE
- County
- Menard
- City
- Petersburg
- Region
- Petersburg, Tallula, Oakford
Property Description
FOR SALE: Single-tenant GSA investment property in Petersburg, IL. The property was a built-to-suit for the USDA and they executed a lease extension through February 2032 in March 2026. The Annual Rental Income will be $119,700. The property features a vestibule, open office area with workstations, multiple private offices, a conference room, a break room, an IT/server room, and 2 ADA restrooms. The property is very well-maintained and easy to manage. 8.65% cap rate.
Additional Information
- Taxes
- $1,425
- Year Built
- 2016
- Roof
- Asphalt, Sloped
- Exterior
- Brick, Wood Siding, Steel Frame
- Water/Sewer
- City Water/Connected, Municipal/City
- Parking Spaces
- 23
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Listing courtesy of Listing Agent: Blake Pryor (bpryor@cbcdr.com) from Listing Office: Coldwell Banker Commercial Dev.