12 Executive Ct - Office FOR SALE


South Barrington, IL 60010
$2,000,000 USD
203-610-1541
12 Executive Ct, South Barrington, IL for Sale
$2,000,000 USD
Office - FOR SALE
1/5
null | 9.64% Cap Rate

12 Executive Ct
South Barrington, IL 60010


OVERVIEW

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

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$165 USD /SF

CAP RATE

9.64%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Presence Marketing Office Headquarters

PROPERTY TYPE

Office

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

59

LAND DETAILS

LAND ACRES

1.45 AC

LAND SF

63,162 SF

ZONING

C

APN/PARCEL ID

01-35-200-035-1001

ASK ABOUT THIS PROPERTY

Phil DiGennaroStream Capital Partners, LLCMore Info
203-610-1541

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Phil DiGennaroStream Capital Partners, LLCMore Info
203-610-1541

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.