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10737-10749 107th Ct
Orland Park, IL 60467
Office Property For Sale
·
7,027 SF
Investment Highlights
- 14+ Years of Lease Term Remaining on an Absolute NNN Lease Guaranteed by Dr. Eric Salud, DDS, a Successful, Established Local Dentist
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | APN/Parcel ID | 27-20-410-007-1003 |
| Cap Rate | 6.09% |
| Sale Type | Investment |
| Cap Rate | 6.09% |
| APN/Parcel ID | 27-20-410-007-1003 |
Sale Notes
14+ Years of Lease Term Remaining on an Absolute NNN Lease
Guaranteed by Dr. Eric Salud, DDS, a Successful, Established
Local Dentist
Guaranteed by Dr. Eric Salud, DDS, a Successful, Established
Local Dentist
- Absolute NNN Lease with Zero Landlord Responsibilities,
Providing Passive, Predictable Cash Flow for the Full Remaining
Term
- Annual 2% Rental Increases, Offering a Built-In Inflation Hedge
and Consistent NOI Growth Year-over-Year
- Attractive Price Point: $800,000 Purchase Price at a 6.08% Cap
Rate and $451.21/SF for a 1,773 SF Medical Condo Asset
- Purpose-Built Medical Office within a Professionally Maintained
Complex, Offering Efficient Clinical Layout and Strong Curb
Appeal
Long-Term Tenant Stability: Dentist has Personally Guaranteed
the Lease, Strengthening Creditworthiness for an Owner-User
Medical Operator
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 10745 | 1,733 SF | Medical | Upon Request | $48,691 |
Unit 10745
| Unit Size |
| 1,733 SF |
| Condo Use |
| Medical |
| Price |
| Upon Request |
| NOI |
| $48,691 |
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Unit 10745
| Unit Size | 1,733 SF |
| Condo Use | Medical |
| Price | Upon Request |
| NOI | $48,691 |
| Sale Type | Investment |
| Cap Rate | 6.09% |
| APN/Parcel ID | 27-20-410-007-1003 |
| Sale Notes | |
| 14+ Years of Lease Term Remaining on an Absolute NNN Lease<br> Guaranteed by Dr. Eric Salud, DDS, a Successful, Established<br> Local Dentist<br> <ul style="list-style: disc; padding: 0px 0px 0px 40px"><li> Absolute NNN Lease with Zero Landlord Responsibilities,<br> Providing Passive, Predictable Cash Flow for the Full Remaining<br> Term<br> </li><li> Annual 2% Rental Increases, Offering a Built-In Inflation Hedge<br> and Consistent NOI Growth Year-over-Year<br> </li><li> Attractive Price Point: $800,000 Purchase Price at a 6.08% Cap<br> Rate and $451.21/SF for a 1,773 SF Medical Condo Asset<br> </li><li> Purpose-Built Medical Office within a Professionally Maintained<br> Complex, Offering Efficient Clinical Layout and Strong Curb<br> Appeal<br> Long-Term Tenant Stability: Dentist has Personally Guaranteed<br> the Lease, Strengthening Creditworthiness for an Owner-User<br> Medical Operator</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 7,027 SF | Typical Floor Size | 7,027 SF |
| Property Type | Office (Condo) | Year Built | 1999 |
| Property Subtype | Medical | Lot Size | 6.00 AC |
| Building Class | B | Parking Ratio | 4.27/1,000 SF |
| Floors | 1 |
| Total Building Size | 7,027 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 7,027 SF |
| Year Built | 1999 |
| Lot Size | 6.00 AC |
| Parking Ratio | 4.27/1,000 SF |
Amenities
- Air Conditioning
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Matterport 3D Exterior
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Photos
Street View
Street
Map
