Listed by Stream Capital Partners
$2,000,000
Presence Marketing Office Headquarters
Details
Property Type Office
Sub Type Traditional Office
Square Footage 12,116
Cap Rate 9.64%
NOI $192,878
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Expiration 06/20/2027
Remaining Term 1
Rent Bumps No
Lease Options None
Class B
Investment Type Net Lease
Office | 9.64% CAP | 12,116 SqFt
Investment highlights
- SHORT-TERM LEASE WITH NEAR-TERM ROLL-OVER OPPORTUNITY: Approximately one year of remaining lease term provides investors the ability to mark-to-market rents or reposition the asset in the near term
- MODIFIED GROSS LEASE STRUCTURE (NON-TRIPLE NET): Lease structure includes landlord responsibilities, offering potential to optimize expense recoveries and enhance NOI through future lease restructuring
- LEADING NATURAL & ORGANIC CPG BROKER: Positioned as the U.S.’s largest brokerage firm serving natural and organic consumer packaged goods brands
- RAPID NATIONAL EXPANSION: Originally a Midwest-based brokerage, PRESENCE now employs over 400 professionals nationwide, reflecting strong growth and increasing market penetration
- STRATEGIC CHICAGO MSA LOCATION WITH STRONG ACCESS: Located in South Barrington, Illinois with immediate access to Interstate 90 and Route 59, providing connectivity throughout the Chicago metropolitan area
- HEADQUARTERS FACILITY WITH TENANT INVESTMENT: Serves as the corporate headquarters for PRESENCE, supporting national operations and indicating operational importance to the tenant
- ESTABLISHED PLATFORM WITH DEEP INDUSTRY RELATIONSHIPS: Leverages a team-based model and extensive retailer/distributor network to deliver consistent, high-touch service across the country
Listing Contacts
Listed by Stream Capital Partners
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$192,878.00
$16,073.17/mo
Valuation Metrics
0
DSCR
9.64%
Cap Rate
9.64%
ROI
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