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17916 Torrence Ave
Lansing, IL 60438
Lansing Animal Hospital · Office Property For Sale

INVESTMENT HIGHLIGHTS

  • The landlord responsibilities are limited to the roof & structural components of the building
  • Subject property was acquired by the O’Brien Veterinary Group in 2018 and features a corporate guaranty
  • This location hosts north of 12,000 residents in a 1-mile radius, and north of 80,000 in a 3-mile radius
  • Rare 2.5% Annual Rental Increases are built in throughout the base term and option periods of the lease
  • Subject property is located in the Chicago MSA, the 3rd most populous MSA in the country

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
4,000 SF
Building Class
C
Year Built/Renovated
1992/2002
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,000 SF
Building FAR
0.32
Lot Size
0.29 AC
Parking
11 Spaces (2.75 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
29-36-201-064-0000
Land Assessment
$2,363
Improvements Assessment
$17
Total Assessment
$2,380
  • Listing ID: 26369370

  • Date on Market: 8/9/2022

  • Last Updated:

  • Address: 17916 Torrence Ave, Lansing, IL 60438

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