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Leslie Oaks Bus Ctr 3 665-675 Tollgate Rd 39,500 SF 100% Leased Flex Building Elgin, IL 60123 $5,069,799 ($128.35/SF) 7.75% Cap Rate
Investment Highlights
- Single Story Office/Flex
- 15 Tenants the Largest of Which is 15.1% of the Total Occupied Area
- All Private Restrooms and Private Entrances
- Immediate Expressway Access
- Minimal Common Area for Maintenance
- Diverse Tenant Mix of Office, Flex and Warehouse Users
Executive Summary
Fully stabilized multi-tenant single story office/flex property with immediate access to I-90 off the Route 31 ramp. The property is 100% occupied with 15 separate units, the largest of which is no more than 13.2% of the total building minimizing cash flow disruptions. All private entrance single story office and flex mixture with minimal common area (one shared loading hallway). The building has a covered shared loading area with one (1) loading dock with leveler and one ramp.
Property Facts
Amenities
- Skylights
- Monument Signage
- Air Conditioning
- Fiber Optic Internet
Utilities
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 03-34-351-020 | Improvements Assessment | $436,292 |
| Land Assessment | $278,263 | Total Assessment | $714,555 |
Property Taxes
Parcel Number
03-34-351-020
Land Assessment
$278,263
Improvements Assessment
$436,292
Total Assessment
$714,555
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Leslie Oaks Bus Ctr 3 | 665-675 Tollgate Rd
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