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32967649
32967650

1991 Wiesbrook Drive, Oswego, IL 60543 For Sale

john greene Real Estate
Listed by john greene Real Estate
$1,150,000
56 days on market
Updated 12 days ago

1991 Wiesbrook Drive

Details
Property Type Office
Sub Type Traditional Office, Executive Office (+1)
Square Footage 6,000
Units 25
Cap Rate 6.96%
NOI $80,004
Tenancy Single
Lease Type NNN
Lease Expiration 09/30/2031
Year Built 2000
Buildings 1
Acreage 1.370
Zoning B-1
Parking Spaces 25 spaces
Parking per 1,000 SqFt 4.17
Investment Type Net Lease

Office | 6.96% CAP | 6,000 SqFt

Marketing description

Rare opportunity to acquire a long-term, single-tenant NNN dental office investment located in Oswego's rapidly growing commercial corridor. Positioned on a 1.37 Acre site with high visibility, this all-brick medical asset consists of 3,950± SF of finished dental office space plus an additional ±1,950 SF unfinished lower level, totaling approximately 6,000± SF.

The 3,950± SF main level was purpose built for efficient patient flow and includes a spacious reception area with vaulted ceilings, 8 operatories with rear delivery and nitrous oxide lines, training/conference room, doctor office, lab space, sterilization room, x-ray room, 2 restrooms, and a staff break room.

The property has long been occupied by Kendall Pointe Dental, operating under D1 Support, LLC, an affiliated practice within the DecisionOne Dental Partners network. DecisionOne Dental Partners is a growing regional dental support organization with a substantial Illinois footprint, providing investors exposure to an established healthcare operator within the defensive medical office sector.

Tenant has been in place since 2016 and recently executed a 5-year lease extension through September 30, 2031, providing investors with reliable cash flow and long-term occupancy stability. Lease structure provides a favorable expense profile with tenant responsibility for real estate taxes, utilities, janitorial, landscaping, snow removal, refuse, HVAC servicing, and interior maintenance obligations.

Building has been very well maintained, benefiting from significant recent capital improvements including a new roof installed in 2024 and mechanical system replacements completed in 2023.

Positioned near major commuter corridors including US Route 30 and US Route 34, the property benefits from strong suburban demographics, established residential density, and continued population growth throughout Kendall County.

Healthcare real estate continues to demonstrate long-term resiliency, making this offering an attractive opportunity for private investors, 1031 exchange buyers, and medical office investors seeking stable tenancy and reduced management intensity.

Investment highlights

  • Strong DSO tenant in place since 2016 with recent lease extension through September 2031
  • 6,000± SF freestanding medical office (3,950± SF finished)
  • 8 rear delivery operatory rooms, lab, conference room, sterilization room, 2 restrooms
  • 1,950± SF unfinished basement for file storage and easy plumbing access
  • High visibility backing to US HWY 30 with daily traffic counts 20,000±
  • Roof replaced (2024) & Mechanical systems replaced (2023)
  • 25 surface parking spaces

Listing Contacts

john greene Real Estate
Listed by john greene Real Estate

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$80,004.00
$6,667.00/mo

Valuation Metrics

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DSCR
6.96%
Cap Rate
6.96%
ROI

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