Veterinary Clinic Investment

SaleInvestment +- 2,000 sqft Total
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1772 Georgetown Rd
Tilton, IL 61832
Price: $149,500
Building Size: +- 2,000 sqft Total
Lot Size (acre): +- 0.74 ac
Parking: 7 Spaces
Zoning: Commercial
Tax PIN: 23 20 301 021
RE: $2,724.48
Cap Rate: 10%

Property Description

Presently managed NVA veterinary clinic serving  small community and surrounding rural areas for over 50 years in this high traffic location.  Clinic consists of two (2) exam rooms, surgical suite, reception area, private office, and detached grooming salon.

-The tenant has a lease term through August of 2020, with one five year option remaining

Cap Rate: 10%
NOI: $18,015

Location Description

Located close to the Illinois/Indiana border, and just south of Interstate 74, on Georgetown Rd. Tilton is 30 miles east of Champaign, Illinois, 90 miles west of Indianapolis, Indiana, and 130 miles south of Chicago. Surrounded by agricultural communities with a market area population of over 100,000. Neighboring businesses include: Vermilion Chevrolet, Big R, Burger King, Autozone, County Market, Monical’s, Verizon, Family Dollar, and Dollar General.