Historical Office Sale Listing - Northpoint II Office Center

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Northpoint II Office Center

465 Central, Northfield, IL 60093

N/A

13,182 SF | Office

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Office Property - Off Market

Price:
N/A
Building Size:
13,182 SF
Property Type:
Office
Property Sub-type:
Office Building
Property Use Type:
Net Lease Investment with
4 years left on lease
Cap Rate:
8.23%
Occupancy:
100%
Tenancy:
Multiple
Listing ID
17362894
Last Updated
over 1 year ago

Description

We are pleased to present the Northpoint II Office Center at 465 Central Road in Northfield, Illinois. This is one of the newest and most solidly built office buildings in the Northfield area. The building is 100 percent leased to only four tenants due to its excellent location and quality of construction. Most tenants pay their prorata share of expenses over their base year, which allows an investor protection from increasing operating expenses.

Northfield is located approximately 17 miles north of Chicago's Loop and three miles west of Lake Michigan. It is nestled between Wilmette, Glenview, Winnetka, and Glencoe, which are some of the wealthiest suburbs in the entire Chicagoland area. Northfield is easily accessible from Chicago via the Edens Expressway (Interstate 94), the Tri-State Tollway (Interstate 294) and Metra transportation. Within a three-mile radius, the community offers a superior selection of restaurants, shops, professional services and business facilities.

Map of 465 Central, Northfield, IL 60093 (Cook County)

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Created 10/6/2011