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128 & 134 S Locust Street, Pana, IL, 62557

128 & 134 S Locust Street

$438,130

Key Information

Cap Rate
9.25%
$ per SF
$121
Tot. SF
3,600
Lot Size
0.14 Acres
Year Built
2006 / 2013 (R)
Term Remaining
± 4.8 Years
Type
Healthcare
Occupancy
50%
NOI
$40,527

Highlights

• Best-In-Class Tenant – MB2 Dental is one of the most sought-after tenants in the Healthcare space, recognized as the fastest growing dental company in the US with 800+ locations.
• Streamlined Expansion – MB2 expands by acquiring existing practices that are already successful and established within the community. This business model allowed them to quickly become one of the largest DSOs in the country.
• Healthcare Real Estate – Healthcare properties are extremely sought-after investments for their resistance to recessions and e-commerce.
• Recent Practice Acquisition – MB2 acquired this practice in 2026 demonstrating their long-term investment and commitment to the location.
• Tenant Investment in Location – Dental support organizations rarely relocate due to high build-out costs and difficulty in retaining the same patients after moving.
• Value Add Opportunity – With approximately 50% of the property currently vacant, there is lease-up potential and an opportunity to increase NOI and overall investor returns.
• Bite-Sized Investment – This is a great opportunity for a buyer seeking a low price point deal that offers a high return

Photos

Location

Agents

Broker of Record

Matthew M. Fitzgerald

License # 471021676, 478027547 (IL)
Matthews Real Estate Investment Services, Inc
600 W Fulton, Ste 100 Chicago, IL 60661