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Single-Tenant Professional Flex Building 1316 Bond St 22,178 SF 4-Star Office Building Naperville, IL 60563 $4,300,000 ($193.89/SF) 8.09% Cap Rate



INVESTMENT HIGHLIGHTS
- Ideal DuPage County location | One of Chicagoland’s Most Desirable Submarkets | Lower Property and Retail Taxes
- Several Front-Facing Windows are Designed for Conversion to Roll-Up Doors, Enabling a Seamless Transition to Light Industrial Flex Use if Desired
- One Mile from Interstate-88 interchange (136,500 VPD) | Route 59, a Major North-South Thoroughfare, is 0.3 Miles West (49,100 VPD)
- Original Tenant to the Space (2015) with Seven Years of Term Remaining | Expanded Twice Over the Years
- Currently, the Client Utilizes Approximately 1,000 Square Feet as Industrial Flex Space, with the Remainder Configured as Office
- Dense Employment Hub | Situated in a Business and Industrial Park of Naperville | 120,037 People Work within Three Miles
EXECUTIVE SUMMARY
This offering features a premium office/industrial flex property in Naperville, one of Chicagoland’s most desirable submarkets in DuPage County—known for rapid growth and lower property taxes than neighboring counties.
The building is fully occupied by Weaver Consulting Group, the original tenant since 2015, with seven years of term remaining and annual rental increases. The tenant has expanded twice, demonstrating long-term commitment. There is an opportunity to add value by converting the current modified lease to a net lease.
Designed for adaptability, the property includes front-facing windows that can be converted into roll-up doors, enabling a seamless transition to light industrial flex use if desired. The layout allows easy subdivision into multiple suites, and favorable OCI zoning further enhances flexibility.
Strategically located near Interstate-88 and Route 59, the property offers excellent connectivity and sits within a dense employment hub of Naperville, surrounded by major employers, retail corridors, and hotels. The area is affluent and growing, with over 74,000 residents within three miles and average household incomes exceeding $150,000.
The building is fully occupied by Weaver Consulting Group, the original tenant since 2015, with seven years of term remaining and annual rental increases. The tenant has expanded twice, demonstrating long-term commitment. There is an opportunity to add value by converting the current modified lease to a net lease.
Designed for adaptability, the property includes front-facing windows that can be converted into roll-up doors, enabling a seamless transition to light industrial flex use if desired. The layout allows easy subdivision into multiple suites, and favorable OCI zoning further enhances flexibility.
Strategically located near Interstate-88 and Route 59, the property offers excellent connectivity and sits within a dense employment hub of Naperville, surrounded by major employers, retail corridors, and hotels. The area is affluent and growing, with over 74,000 residents within three miles and average household incomes exceeding $150,000.
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PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
22,178 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2015
Price
$4,300,000
Price Per SF
$193.89
Cap Rate
8.09%
NOI
$347,698
Tenancy
Single
Building Height
1 Story
Typical Floor Size
22,178 SF
Building FAR
0.25
Lot Size
2.04 AC
Parking
102 Spaces (4.6 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 07-10-313-002 | Improvements Assessment | $642,279 |
| Land Assessment | $235,345 | Total Assessment | $877,624 |
PROPERTY TAXES
Parcel Number
07-10-313-002
Land Assessment
$235,345
Improvements Assessment
$642,279
Total Assessment
$877,624
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Single-Tenant Professional Flex Building | 1316 Bond St
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