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).
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Based on information submitted to the MRED as of date and time shown below. All data is obtained from various
sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change
without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the
office/agent presenting the information. © 2022. http://www.mredllc.com/comms/resources/DMCA_Notice.pdf Updated: 21st September, 2023 3:54 PM (UTC)
sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change
without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the
office/agent presenting the information. © 2022. http://www.mredllc.com/comms/resources/DMCA_Notice.pdf Updated: 21st September, 2023 3:54 PM (UTC)
Listing Office: GUTH & ASSOCIATES,LLC
Attribution contact: 217-778-8305
