Price Reduction & Call for Offers: Regus-Anchored Office
Price Reduced | Regus Anchored Office | Chicago West Suburb
Marketing description
**CALL FOR OFFERS: Friday, July 24th, 5PM**
CLEAN-SLATE ACQUISITION & ULTIMATE LANDLORD CONTROL
eXp Commercial presents a strategic opportunity to acquire the fee-simple interest in the County Farm Office Center located at 1N131 County Farm Rd, Winfield, IL. Now offered at an aggressively realigned $1,175,000 ($84.53/SF), this ±13,900 SF corporate-anchored office asset comes with a massive, deal-making seller concession: the seller will completely pay off the Regus (IWG) startup operating deficit directly out of their own closing proceeds.
CORPORATE TENANCY & UNLOCKED TERMINATION RIGHTS
The asset's upper floors (66.45% of the rentable area) are anchored by Regus (International Workplace Group - IWG), the global leader in flexible workspace solutions. The heavy lifting and costly buildouts are completely finished, and the center is currently stabilized at ~75% occupancy. By having the seller wipe the historical startup ledger clean at closing, the incoming buyer bypasses early ramp-up costs entirely. More importantly, zero-balancing this deficit satisfies the operator's loss requirements, unlocking immediate contractual termination rights for the landlord. This gives an investor three distinct execution pathways:
Ride the Momentum: Keep the agreement active and collect scaling net profit payouts with a clean ledger.
Restructure & Lease: Consolidate the operator to a single floor and lease out the remaining space traditionally.
Owner-User Takeover: Exercise a full termination at closing to occupy the building as a corporate headquarters.
IMMEDIATE VALUE-ADD LEASE-UP
Beyond the corporate workspace footprint, low-risk upside is concentrated on the finished lower level. Base cash flow is supported by an existing month-to-month tenant. The remaining 3,325 SF of turnkey, finished lower-level vacancy is primed for immediate stabilization. Underwriting this remaining space at a conservative $16/SF provides a direct path to significantly expand net operating income.
STRATEGIC MEDICAL CORRIDOR
The property occupies a high-exposure signalized corner lot tracking over 27,010 vehicles per day within Central DuPage County’s premier professional node. It is situated less than one mile from the dominant Northwestern Medicine Central DuPage Hospital (CDH) campus. At $84.53/SF, this asset offers unparalleled operational flexibility at a fraction of modern suburban replacement costs.
Investment highlights
- Strategic Pricing & Low Basis: Aggressively priced at $1,175,000, representing an ultra-secure entry basis of just $84.53/SF—well below modern replacement cost thresholds.
- Massive Seller Concession: The seller is zero-balancing the outstanding Regus startup operating deficit out of their closing proceeds, delivering a true clean-slate asset.
- Ultimate Landlord Control: Wiping the deficit unlocks contractual termination rights, allowing a buyer to restructure the footprint, ride the profit-share momentum, or execute a 100% owner-user takeover.
- Regus-Anchored (IWG): 66.45% of the property is occupied by the global brand Regus. The costly buildout phase is complete, boasting a steady ~75% occupancy.
- Immediate Value-Add: Features a stable lower-level MTM tenant and 3,325 SF of finished vacancy ready for immediate traditional lease-up.
- Prime Medical Corridor: High-traffic corner location seeing 27,010 VPD, situated less than 1 mile from the dominant Northwestern Medicine CDH campus.
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