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$ 675,000
Est. payment | /mo
9,000 SqFt
$ 675,000
Est. payment | /mo
9,000 SqFt
Key Details
Property Type Commercial
Sub Type Office/Tech
Listing Status Active
Purchase Type For Sale
Square Footage 9,000 sqft
Price per Sqft $75
MLS Listing ID 12328591
Year Built 2006
Annual Tax Amount $10,339
Tax Year 2023
Lot Size 5.580 Acres
Lot Dimensions 478X418X231X250X264X562
Property Sub-Type Office/Tech
Property Description
This PRIME End-unit office condo located in Vastu Commons Business Park offers excellent visibility, an abundance of natural light and plenty of parking. A fantastic opportunity for an investor-owner, this property boasts an impressive 8.75% CAP Rate, delivering strong and reliable returns! The long term tenant, in place since 2012, has a lease secured through 5/31/2028, ensuring steady income. Spanning 3,018 SF, this well designed office features a welcoming reception / waiting area, 5 offices, 1 Large Conference Room, IT/Storage room, kitchen and two bathrooms. Situated in a high-traffic area with over 10,000 daily passersby, this prime location is surrounded by major retailers and across the street from FOX VALLEY MALL. Located in DuPage County, this property benefits from low taxes, adding even more value to this exceptional investment opportunity. Don't miss out!
Location
State IL
County Dupage
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
Building
Structure Type Brick
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Listed by Jacqueline Montvidas • Olivieri Real Estate LLC