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10703-10749 W 159th St
3,200 SF Medical Condo Unit Offered at $1,785,000 in Orland Park, IL 60467
Investment Highlights
- 15+ Years Remaining on Initial Lease Term
Property Facts
| Price | $1,785,000 | Sale Type | Investment NNN |
| Unit Size | 3,200 SF | Building Class | C |
| No. Units | 1 | Floors | 1 |
| Total Building Size | 7,333 SF | Typical Floor Size | 7,333 SF |
| Property Type | Office (Condo) | Year Built | 2002 |
| Property Subtype | Medical | Lot Size | 1.04 AC |
| Price | $1,785,000 |
| Unit Size | 3,200 SF |
| No. Units | 1 |
| Total Building Size | 7,333 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Sale Type | Investment NNN |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 7,333 SF |
| Year Built | 2002 |
| Lot Size | 1.04 AC |
1 Unit Available
Unit A-1
| Unit Size | 3,200 SF | Sale Type | Investment |
| Price | $1,785,000 | Cap Rate | 6.96% |
| Price Per SF | $557.81 | NOI | $124,200 |
| Condo Use | Medical | APN/Parcel ID | 27-20-205-009-1009 |
| Unit Size | 3,200 SF |
| Price | $1,785,000 |
| Price Per SF | $557.81 |
| Condo Use | Medical |
| Sale Type | Investment |
| Cap Rate | 6.96% |
| NOI | $124,200 |
| APN/Parcel ID | 27-20-205-009-1009 |
Description
Fully Built out and Operational Oral Surgery Office
Sale Notes
NNN Leased Dental Condo for Sale in Orland Park, IL! 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 15+ 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.
Amenities
- Signage
zoning
| Zoning Code | COMM, Orland Park |
| COMM, Orland Park |
Presented by
10703-10749 W 159th St
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