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2010 S Arlington Heights Rd 38,864 SF 81% Leased Office Building Arlington Heights, IL 60005 $3,072,489 ($79.06/SF) 7.50% Cap Rate
Investment Highlights
- Value Add Opportunity
- Located within 2.5 miles of Northwest Community Hospital
- Strategic Location
- Annual Increases
- Offered Below Replacement Cost - $77 PSF
- Chicago MSA
Executive Summary
The landlord has recently executed one new lease with Care Access. The Property continues to have strong leasing activity. A new investor can continue to enhance the overall yield by continuing to lease-up the remaining vacancy at the park and lift rental rates over their hold period.
The Arlington Heights Medical Office is highlighted by a number of factors, including an impressive tenant roster, tremendous leasing velocity, and an exceptional healthcare
location amidst a highly desirable patient population.
The Property is strategically located only 2.5 miles from Northwest Community Hospital. The hospital is a 509-bed acute care facility, that serves 200,000 outpatients and
20,000 inpatients annually. Northwest Community Hospital houses a Level III NICU, Level II Trauma Center, and a dedicated pediatric emergency department.
Property Facts Under Contract
Amenities
- Atrium
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Health Care and Social Assistance
- -
-
$9.99
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Lorem Ipsum
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Jan 0000
Advanced Reproductive Center delivers quality fertility care and the highest chance of success, at the lowest possible price.
- AxisCare
- Health Care and Social Assistance
-
99,999 SF
-
$9.99
- -
-
Jan 0000
- Dr. Aranas Hair Transplant
- Health Care and Social Assistance
-
99,999 SF
-
$9.99
- -
-
Jan 0000
- Ideal Family Health Center
- Health Care and Social Assistance
-
99,999 SF
-
$9.99
- -
-
Jan 0000
- Nihon Clinic
- Health Care and Social Assistance
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Health Care and Social Assistance | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| AxisCare | Health Care and Social Assistance | 99,999 SF | $9.99 | - | Jan 0000 | |
| Dr. Aranas Hair Transplant | Health Care and Social Assistance | 99,999 SF | $9.99 | - | Jan 0000 | |
| Ideal Family Health Center | Health Care and Social Assistance | 99,999 SF | $9.99 | - | Jan 0000 | |
| Nihon Clinic | Health Care and Social Assistance | - | $9.99 | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Former therapy office. Multiple larger therapy rooms, multiple private rooms, general office area, 2 private bathrooms, plumbing throughout. This is Lower Level space. Please refer to floor plan in brochure.
Waiting room, reception area, 2 exam rooms with sinks, lab area, 2 private offices, break room, storage areas and 1 private bathroom. Available 9/1/22. Please refer to floor plan in brochure.
Space will be gutted and available for a full, custom build-out.
Waiting room, admin office, 4 exam rooms with sinks, 2 exam rooms/offices without sinks, nurse's station with sink, private bathroom. Please refer to floor plan in brochure.
| Space | Size | Space Use | Condition | Available |
| Lower Level-Ste 41/45 | 4,144 SF | Office/Medical | Full Build-Out | Now |
| 1st Fl-Ste 100 | 1,335 SF | Office/Medical | Partial Build-Out | Now |
| 2nd Fl-Ste 200 | 1,565 SF | Office/Medical | Shell Space | 30 Days |
| 2nd Fl-Ste 235 | 1,742 SF | Office/Medical | Partial Build-Out | Now |
Lower Level-Ste 41/45
| Size |
| 4,144 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 100
| Size |
| 1,335 SF |
| Space Use |
| Office/Medical |
| Condition |
| Partial Build-Out |
| Available |
| Now |
2nd Fl-Ste 200
| Size |
| 1,565 SF |
| Space Use |
| Office/Medical |
| Condition |
| Shell Space |
| Available |
| 30 Days |
2nd Fl-Ste 235
| Size |
| 1,742 SF |
| Space Use |
| Office/Medical |
| Condition |
| Partial Build-Out |
| Available |
| Now |
Lower Level-Ste 41/45
| Size | 4,144 SF |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | Now |
Former therapy office. Multiple larger therapy rooms, multiple private rooms, general office area, 2 private bathrooms, plumbing throughout. This is Lower Level space. Please refer to floor plan in brochure.
1st Fl-Ste 100
| Size | 1,335 SF |
| Space Use | Office/Medical |
| Condition | Partial Build-Out |
| Available | Now |
Waiting room, reception area, 2 exam rooms with sinks, lab area, 2 private offices, break room, storage areas and 1 private bathroom. Available 9/1/22. Please refer to floor plan in brochure.
2nd Fl-Ste 200
| Size | 1,565 SF |
| Space Use | Office/Medical |
| Condition | Shell Space |
| Available | 30 Days |
Space will be gutted and available for a full, custom build-out.
2nd Fl-Ste 235
| Size | 1,742 SF |
| Space Use | Office/Medical |
| Condition | Partial Build-Out |
| Available | Now |
Waiting room, admin office, 4 exam rooms with sinks, 2 exam rooms/offices without sinks, nurse's station with sink, private bathroom. Please refer to floor plan in brochure.
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,096,009 | |
| Land Assessment | $938,596 | Total Assessment | $2,034,605 |
Property Taxes
Presented by
2010 S Arlington Heights Rd
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