Keller Williams Inspire
Listed by KW Keller Williams Inspire, Keller Williams Inspire
$1,285,000
1048-1054 Norwood Lane
Details
APN 0104408010
Property Type Business for Sale, Office
Sub Type Business Only, Medical Office
Square Footage 5,250
Net Rentable (SqFt) 5,250
Units 2
Cap Rate 8.25%
NOI $105,969
Occupancy 100%
Class B
Year Built 1996
Year Renovated 2020
Buildings 1
Stories 1
Acreage 0.760
Zoning OFFIC
Fully Leazed medical Office Suites with Long Standing Tenants.
Marketing description
Investor Opportunity. Long term Tenants anchored by Advocate Medical, 5,239 sq ft Single Story Building. Built in 1996 with recent Capital Improvements of New Roof 2023, and 3 AC Units. Located along Rt 59 Corridor with high traffic counts and Strong Financial Demographics. Full occupancy with Leases extended at 3 per escalation. Surrounded by commercial and residential growth.
Listing Contacts
Keller Williams Inspire
Listed by KW Keller Williams Inspire, Keller Williams Inspire
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$105,969.00
$8,830.75/mo
Valuation Metrics
0
DSCR
8.25%
Cap Rate
8.25%
ROI
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