Multi Tenant User/Investor Office

USER/INVESTOR OFFICE BUILDING

20,000 SF

For sale or lease, 24 year old 20,000 of masonry single story office building on 2.26 acres. 50% leased with $154,920 current gross income (plus CAM and tax over stops).

10,000 SF Unit B has 17 office / conference room mix, large open area, 2 multi-stall bathrooms and break room. Vacant for user or new tenant.

See proforma rent roll and operating statement. 7.6% CAP rate at 95% occupancy (using only $12 psf gross for vacant 10,000 SF).

Two long term quality tenants – Dialysis since 2012 and Psychologist since 2016. Only a 9 iron from Northwestern Hospital.