2310 Dean St - Medical FOR SALE


St Charles, IL 60175- Fox River Valley
$1,708,000 USD
630-570-2238
2310 Dean St, St Charles, IL for Sale
$1,708,000 USD
Medical - FOR SALE
1/10
null | 11% Cap Rate

2310 Dean St
St Charles, IL 60175
Fox River Valley


HIGHLIGHTS

  • Nearly Two Years Remaining on a Dark, Net Leased Medical Tenant
  • Redevelopment Opportunity or Owner-User Possibility
  • Corporate Guarantee by DuPage Medical Group, LTD
  • Part of the Timber Ridge Professional Park Which has an Abundance of Medical Offices, Professional Offices, and Industrial Buildings
  • Average Household Income Ranges from $140,427 to $171,366 within a One to Five Mile Radius
  • Scheduled Three Percent Annual Rental Increases

OVERVIEW

This dark net-leased medical property offers nearly two years of passive income, backed by a corporate guarantee from DuPage Medical Group, LTD and a three percent annual rent increase. With no out-of-pocket carry costs, investors can generate cash flow while planning for future redevelopment or owner-use. Located in affluent St. Charles, where household incomes top $171,000 and population growth is strong. The property sits in a professional business park surrounded by medical, office and industrial tenants. Its prime location near Randall Road provides high visibility and access to major retailers, restaurants, and healthcare destinations, including Costco, Geneva Commons, and Northwestern Medicine Delnor Hospital.

FOR SALE DETAILS

PRICE

$1,708,000 USD

PRICE/SF

$136 USD /SF

CAP RATE

11%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dark Duly Medical

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

O-R1, St Charles

APN/PARCEL ID

09-29-228-004

ASK ABOUT THIS PROPERTY

Sean SharkoSharko | Weisenbeck | Mendoza GroupMore Info
630-570-2238

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Sean SharkoSharko | Weisenbeck | Mendoza GroupMore Info
630-570-2238

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