Listed by Sequoia Realty Group
$1,605,000
816/820 W. Bartlett Rd
Details
Property Type Office
Sub Type Medical Office
Square Footage 7,040
Cap Rate 7.50%
NOI $120,245
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Options Two 5 Year Renewal Options
Class B
Investment Type Net Lease
Ownership Fee Simple Interest
Office | 7.50% CAP | 7,040 SqFt
Marketing description
Derick Dermatology is a leading authority in medical, surgical and cosmetic dermatological services
with 18 stunning Chicagoland dermatology locations. Our dedicated dermatologists offer exceptional
dermatological services for both adult and pediatric patients.
Investment highlights
- Fee Simple Interest
- 100% Occupied
- Leased Through 7/31/2029
- Two 5 Year Renewal Options
- 3% Annual Rent Increases
- NNN Lease
Listing Contacts
Listed by Sequoia Realty Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$120,245.00
$10,020.42/mo
Valuation Metrics
0
DSCR
7.49%
Cap Rate
7.49%
ROI
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Property History
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