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2653 Centennial Drive
Washington, IL 61571
Asking Price
Contact for price
Asset Type
Storefront Industrial
Class
Class B
What's Special
Proposed Phase Development of ±7 Acres <p>7 Acres (±6 Acres useable) - Will Divide</p><p>Zoned C2 allowing for a variety of office, retail, & service uses</p><p>Proposed phased development of multi-tenant office/flex buildings (±46 units)</p><p>Individual white-envelope units ranging from 1,000 sf - 1,800 sf with 16' - 18' ceiling height</p><p>Build-to-Suit Lease Rate from $9 psf</p><p></p><p>This location qualifies for state funding using the RHTP (Rural Health Transformation Program) for rural healthcare infrastructure or Rebuild I
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
