Single-Tenant USDA Investment Property For Sale

Highlights:

• Max Contiguous Area: 3325.0
• Min Divisible Area: 3325.0

Description:

Petersburg, the county seat of Menard County, located approximately 23 miles northwest of Springfield. The community serves as the gateway to Lincoln’s New Salem State Historic Site, one of the state’s most recognizable heritage tourism destinations, generating year-round visitor traffic and supporting local retail, hospitality, and service businesses. It is accessible via Illinois Routes 97 and 123 with convenient connections to Interstate 55 and Interstate 72. The community benefits from a diverse economic base supported by tourism, agriculture, government services, and regional commuter employment. The combination of historic character, stable economic fundamentals, and proximity to Central Illinois population centers creates an attractive environment for commercial investment and business growth.

Coldwell Banker Commercial Devonshire Realty (CBCDR) is pleased to present a single-tenant investment property leased to the United States Department of Agriculture (USDA) in Petersburg, IL.

Constructed as a build-to-suit facility for the USDA in 2016, the property has been continuously occupied by the agency since completion. The USDA has executed an early five-year lease extension in March 2026, commencing March 1, 2027. The extension includes a rental rate increase, partial reimbursement of landlord expenses, and requires no landlord-funded improvements or modifications.


The building features an efficient layout, including a vestibule, open office area with workstations, three private offices, a conference room, break room, dedicated server/IT room, and two ADA-compliant restrooms.

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Listing ID: 21d4fcd2-e439-4ed6-a110-979bbc2515a6

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