Office For Sale • 50,594 SF
| 35,100 SF Multi-Tenant Office Property For Sale (Asking Price $2,040,000) ($58.12 PSF) |
| Existing Cap Rate 10.9% (100% leased with approx 13 tenants) Current NOI: $222,053 |
| 100% leased !!!! 10.9% Cap Rate with stable rent roll 3rd party management fees included! |
| Affords an Investor Flexibility in leasing space to increase income or selling office condo units to users at a premium price per SF |
| See Links below for 3-D Virtual Tours of select Suites!!! |
| Contact Broker to discuss this Exclusive opportunity to purchase the entire complex 31,500 SF (Asking Price $2,040,000) ($58.12 PSF) |
| Cap Rate: | 10.88 % |
| Total Expenses: | $394,947 USD |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Arlington Heights Station (Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)) | 10 min | - | 4.2 mi |
| Palatine Station (Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)) | 9 min | - | 4.4 mi |
| Airport | Drive | Walk | Distance |
| Chicago O'Hare International | 46 min | - | 20.4 mi |
| Chicago Midway International | 60 min | - | 38.0 mi |