777 W Bridge Street, Monticello, IL 61856

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Description

0ffering medical leased office building with a NOI of $102,000 and long-term lease through 2037 in place. Property is leased to Memorial Health Systems, located in Springfield, Illinois, who acquired the original lessee, Decatur Memorial Hospital. 777 W Bridge in Monticello, Illinois is a 3,992 square foot building and constructed in 2018. Building is situated on 0.52 acres and is leased through 12/31/2037 with a triple net (NNN) lease at $27.00/SF. Memorial Health Systems Memorial Health System, based in Springfield, Illinois, is a leading healthcare organization in downstate Illinois with over 6,700 employees within their network of hospitals. Decatur Memorial Hospital (joined Memorial Health System in October 2019).

  • Commercial Sale, Medical
    Property Type
  • 3992
    Sqft
  • 2018
    Year Built

Property Documents

Property Overview

  • Property ID 11763045
  • Price $1,300,000
  • Property Size 3992 Sqft
  • Land Area 0.52 Acres
  • Garage Size x x
  • Year Built 2018
  • Property Status Closed
  • Property Type Medical, Commercial Sale

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