Decatur Memorial Hospital

401 N. Cedar Street
Shelbyville, IL

The property at 401 N. Cedar Street in Shelbyville, Illinois, is a ±7,080-square-foot building constructed in the last five years, and situated on ±1.08 acres of land. It is currently leased to Decatur Memorial Hospital and has a base lease term ending in October 2037). The current NOI is $174,000 per year with 5% increases every five years beginning November 1, 2022. Roof, structure and HVAC are all the responsibility of the landlord.

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