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Park Corners II Office Space 13500 Circle Dr 11,648 SF 71% Leased Office Building Orland Park, IL 60462 $2,200,000 ($188.87/SF) 5.65% Cap Rate
Investment Highlights
- Class A Office Space
- High-Visibility Frontage on LaGrange Road
- Located Near Numerous Amenities
Executive Summary
Total Building: ± 11,648 Sq. Ft.
Available: ± 2,500 - 3,500 Sq. Ft.
Lot: ± 1.01 Acres
Year Built: 2008
Parking: Paver Parking Lot
46 Free-Surface Spaces
Taxes: $85,030.40
OPEX: 85,729.28
Sale Price: $2,200,000
In-Place NOI: $147,000
Available: ± 2,500 - 3,500 Sq. Ft.
Lot: ± 1.01 Acres
Year Built: 2008
Parking: Paver Parking Lot
46 Free-Surface Spaces
Taxes: $85,030.40
OPEX: 85,729.28
Sale Price: $2,200,000
In-Place NOI: $147,000
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
11,648 SF
Building Class
B
Year Built
2008
Price
$2,200,000
Price Per SF
$188.87
Cap Rate
5.65%
NOI
$124,307
Percent Leased
71%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,824 SF
Slab To Slab
10’
Building FAR
0.26
Lot Size
1.01 AC
Zoning
Commercial
Parking
46 Spaces (3.95 Spaces per 1,000 SF Leased)
Amenities
- Signage
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Suite 102 & Suite 104 are contiguous: 3,339 Sq. Ft
Suite 102 & Suite 104 are contiguous: 3,339 Sq. Ft
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 102 | 747 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 104 | 2,592 SF | Office | Full Build-Out | Now |
1st Fl-Ste 102
| Size |
| 747 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 104
| Size |
| 2,592 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 102
| Size | 747 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Suite 102 & Suite 104 are contiguous: 3,339 Sq. Ft
1st Fl-Ste 104
| Size | 2,592 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Suite 102 & Suite 104 are contiguous: 3,339 Sq. Ft
1 1
Property Taxes
| Parcel Number | 27-03-101-039-0000 | Improvements Assessment | $179,019 |
| Land Assessment | $137,969 | Total Assessment | $316,988 |
Property Taxes
Parcel Number
27-03-101-039-0000
Land Assessment
$137,969
Improvements Assessment
$179,019
Total Assessment
$316,988
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Park Corners II Office Space | 13500 Circle Dr
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