For Sale

Single Tenant Office | Flossmoor, IL

Asking Price: $4,000,000 | Cap Rate: 6.65%

  • Net Operating Income: $266,076
  • Weighted Avg. Lease Term (WALT): 10 Years
  • Lease Type: Absolute Net

Property Highlights

  • Sale | Leaseback - 2% annual increases help hedge against inflation in the years to come
  • Well below market occupancy cost showing the ability for the tenant to make rent payments with ease over the duration of the lease
  • Brand new, state-of-the-art 2020 renovation and expansion showing commitment to the location and historical success with the practice
  • Located in affluent Chicago Suburbs with average household incomes over $101,500 help support that this practice can be sustained by the community