1488 Bond St - Office FOR SALE


Naperville, IL 60563- Brookdale
$3,450,000 USD
630-229-2290
1488 Bond St, Naperville, IL for Sale
$3,450,000 USD
Office - FOR SALE
1/34
null | 8.96% Cap Rate

1488 Bond St
Naperville, IL 60563
Brookdale


HIGHLIGHTS

  • Strong anchor tenant with 7 years remaining on lease term
  • Direct access
  • Close proximity to Route 59 and I-88
  • Ample parking - 61 spaces
  • 0.6± ac of land for potential expansion or parking
  • Low DuPage taxes

OVERVIEW

Two-Tenant investment sale with strong anchor Tenant occupying 81% of leasable space. Fully leased asset well located in affluent area with close access to I-88. Lower Dupage County taxes and a hard to beat Naperville address. I-1 Zoning, which adds future adaptive reuse potential with 0.6 acres of unused land for expansion or parking.

FOR SALE DETAILS

PRICE

$3,450,000 USD

PRICE/SF

$157 USD /SF

CAP RATE

8.96%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

61

LAND DETAILS

LAND ACRES

3.5 AC

LAND SF

152,460 SF

ZONING

I-1

APN/PARCEL ID

07-10-109-003,07-10-109-009

ASK ABOUT THIS PROPERTY

Jon WaldronJohn Greene CommercialMore Info
630-229-2290

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Jon WaldronJohn Greene CommercialMore Info
630-229-2290

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