2075 Blackberry Dr - Medical FOR SALE


Geneva, IL 60134
$1,300,000 USD
630-674-8424
2075 Blackberry Dr, Geneva, IL for Sale
$1,300,000 USD
Medical - FOR SALE
1/8
null | 7.43% Cap Rate

2075 Blackberry Dr
Geneva, IL 60134


OVERVIEW

Office/Medical building located off of Route 38 on Geneva's east side. Beautiful brick building built in 2001. 4047 square feet on the main level and basement storage to go with. Brand new 10 year lease in place with the 2500 SF tenant. Great opportunity to increase value on an expiring under market rental rate for the 1500 SF tenant. Building is located close to Northwestern's Delnor Hospital along the Randall Road corridor as well as downtown Geneva. The 4,047 building sits on a 20,352 square foot lot which includes a private 24 spaced parking lot. Leases and financial breakdown available upon request.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$232 USD /SF

CAP RATE

7.43%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

B-2

APN/PARCEL ID

12-04-127-016

ASK ABOUT THIS PROPERTY

Ryan SamuelsonCorcoran Commercial Real EstateMore Info
630-674-8424

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Ryan SamuelsonCorcoran Commercial Real EstateMore Info
630-674-8424

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