24020 W Riverwalk Ct
Plainfield, IL 60544
Office Property For Sale
Investment Highlights
- 20+ Years of Initial Term Length Remaining
- Strong national DSO with 100+ locations
- 13% Base rent increasing every 5 years
- NNN Investment
- 20 Years of initial lease term
- 10 Year renewal option
Executive Summary
NNN Leased Dental Condo for Sale in Plainfield! This space is currently occupied by Smile Partners USA, a strong DSO with 100+ locations across Alabama, Colorado, Georgia, Illinois, and Michigan. The Smile Partners USA (“SPUSA”) is an affiliated community of like minded practices that, while independently different, share common visions and values built on unrivaled quality, reputation, longevity, and care. SPUSA, otherwise known as the “Smile Alliance Network,” or “SAN” to its networked partner practices, allows each supported practice to “plug into” a set of shared services and “pull” from a set of ideas and practices used by other standard bearers within the field of dentistry, all within a collegial environment. This opportunity boasts 20+ years of remaining INITIAL LEASE TERM with 8.7% base rent increases every 5 years, along with a 10-Year renewal option with the same base rent increase structure.
Property Facts
| Property Type | Office | Rentable Building Area | 15,467 SF |
| Property Subtype | Medical | No. Stories | 1 |
| Building Class | B | Year Built | 2006 |
| Lot Size | 1.98 AC | Parking Ratio | 6.72/1,000 SF |
| Zoning | I-1 | ||
| Property Type | Office |
| Property Subtype | Medical |
| Building Class | B |
| Lot Size | 1.98 AC |
| Rentable Building Area | 15,467 SF |
| No. Stories | 1 |
| Year Built | 2006 |
| Parking Ratio | 6.72/1,000 SF |
| Zoning | I-1 |
Amenities
- Signage
- Air Conditioning
