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1891 Bay Scott Cir 9,999 SF 100% Leased Office Building Naperville, IL 60540 $2,600,000 ($260.03/SF) 6.92% Cap Rate



Executive Summary
Stabilized, 100% leased multi-tenant medical office building located in Naperville, one of Chicago’s premier suburban markets. The single-story property totals 9,999 SF and is leased to a diversified mix of medical and professional tenants. The asset offers in-place cash flow with a 6.92% cap rate, strong tenant retention, and a WALT of 4.07 years. Well-maintained building with minimal common areas and dedicated suite ingress/egress.
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Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Office
Property Subtype
Medical
Building Size
9,999 SF
Building Class
B
Year Built
2003
Price
$2,600,000
Price Per SF
$260.03
Cap Rate
6.92%
NOI
$179,918
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
9,999 SF
Building FAR
0.74
Lot Size
0.31 AC
Zoning
B2, Naperville - Neighborhood Business
Parking
40 Spaces (4 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Signage
Property Taxes
| Parcel Number | 07-26-113-010 | Improvements Assessment | $633,741 |
| Land Assessment | $40,476 | Total Assessment | $674,217 |
Property Taxes
Parcel Number
07-26-113-010
Land Assessment
$40,476
Improvements Assessment
$633,741
Total Assessment
$674,217
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1891 Bay Scott Cir
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