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103 Centre Drive Petersburg, IL 62675 Commercial - Office Active

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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.

Property Highlights

Property Type: Commercial - Office
Building Description: 1.0 stories
Available Sqft: 3325
Year Built: 2016
Lot Size: 1.31 acres

General Information

County: Menard
Listed By:
Coldwell Banker Commercial Dev
RMLSA
$1,095,000
Est. $8,608/mo
Active
SQUARE FEET3,325 MLS#CA1044617
STATUSActive PROPERTY TYPECommercial - Office

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103 Centre Drive, Petersburg, IL 62675.

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Loan Type FHA 30 Year Fixed15 Year FixedVA 30 year fixed
Purchase Price $1,095,000$1,095,000$1,095,000
Down Payment $38,325$273,750$0
Monthly Mortgage Amount $6,533$6,765$6,887
Taxes $1524$1524$1524
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $657$0$0
Monthly Estimated Total $9,033$8,608$8,730

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