FOREFRONT DERMATOLOGY | 1240 N Milwaukee Ave
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FOREFRONT DERMATOLOGY 1240 N Milwaukee Ave
6,300 SF 100% Leased Office Building Libertyville, IL 60048 £2,051,463 (£326/SF) 7% Net Initial Yield
Investment Highlights
- JUST UNDER 8-YEARS OF LEASE TERM REMAINING.
- NATIONALLY KNOWN DERMATOLOGY CARE PROVIDER.
- NNN LEASE STRUCTURE – TENANT REIMBURSES LANDLORD FOR EXTERIOR CAM, REAL ESTATE TAXES AND INSURANCE.
Executive Summary
Broker of Record
Matt Fitzgerald
License No. 478027547 (IL)
Matt Fitzgerald
License No. 478027547 (IL)
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
6,300 SF
Building Class
B
Year Built
1996
Price
£2,051,463
Price Per SF
£326
Net Initial Yield
7%
NOI
£143,602
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
6,300 SF
Building FAR
0.08
Lot Size
1.85 AC
Zoning
C-3, Libertyville
Parking
29 Spaces (4.6 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
Parcel Numbers | Improvements Assessment | £169,288 | |
Land Assessment | £198,303 | Total Assessment | £367,592 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£198,303
Improvements Assessment
£169,288
Total Assessment
£367,592
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FOREFRONT DERMATOLOGY | 1240 N Milwaukee Ave
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