2201 S Oak Park Rd | Berwyn, IL 60402
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- LoopNet Team
2201 S Oak Park Rd
Berwyn, IL 60402
New NNN Medical | 6.35% Cap | $80K+ Co-op Fee · Office Property For Sale
INVESTMENT HIGHLIGHTS
- High Yield Investment – The subject offering is being offered at a 6.35% cap rate, which is rare for a brand new deal featuring long-term leases
- Long-Term Net Leases – Physicians Immediate Care and United Dental Partners are both respectively on brand new 15 year and 10.5-year primary terms
- Strong Guarantors – Both Physicians Immediate Care (Joint Venture with Presence Health) and United Dental Partners boast strong guarantor positions
- Passive Ownership / Minimal Responsibilities – Both leases are landlord-friendly and come with virtually zero responsibilities except for roof/struct
PROPERTY FACTS
Property Type
Office
Property Subtype
Building Size
4,260 SF
Building Class
B
Year Built
2021
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,260 SF
Building FAR
0.21
Lot Size
0.47 AC
Parking
15 Spaces (3.52 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $38,039 | |
| Land Assessment | $87,615 | Total Assessment | $125,654 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$87,615
Improvements Assessment
$38,039
Total Assessment
$125,654
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