Dental Care of Minooka | 515 US Highway 6
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Dental Care of Minooka 515 US Highway 6
4,947 SF Office Building Minooka, IL 60447 $2,481,600 ($502/SF) 6.50% Cap Rate
Investment Highlights
- The tenant is responsible for all Taxes, CAM, and insurance, providing minimal landlord ownership responsibilities.
- Minooka is ideally positioned in between I-80 and I-55 which can take locals and commuting residents throughout the entire Chicagoland area.
- The lease calls for rental increases of 10% every five years including the option periods.
- Additional national retailers in the area include AutoZone, Walgreens, Culver’s, Giordanos, and Starbucks.
Executive Summary
Initial 10 year lease with Heartland Dental, the largest DSO organization in the U.S., with more than 1,800 dental offices in 38 states. 2022 revenue was $1.2bn.
Minooka is located in Chicago’s southwest suburbs and has an affluent customer base, with an average household income of $133,800 within 3 miles of the site.
The site is a pad to Jewel-Osco, the dominant grocer in the market, providing superior visibility and access compared to other dentists in the submarket.
Minooka is located in Chicago’s southwest suburbs and has an affluent customer base, with an average household income of $133,800 within 3 miles of the site.
The site is a pad to Jewel-Osco, the dominant grocer in the market, providing superior visibility and access compared to other dentists in the submarket.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
4,947 SF
Building Class
C
Year Built
2015
Price
$2,481,600
Price Per SF
$502
Cap Rate
6.50%
NOI
$161,304
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,947 SF
Building FAR
0.09
Lot Size
1.22 AC
1 of 1
PROPERTY TAXES
| Parcel Number | 03-14-476-006 | Improvements Assessment | $238,585 |
| Land Assessment | $21,850 | Total Assessment | $260,435 |
PROPERTY TAXES
Parcel Number
03-14-476-006
Land Assessment
$21,850
Improvements Assessment
$238,585
Total Assessment
$260,435
Learn More About Investing in Office Space
1 of 6
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Dental Care of Minooka | 515 US Highway 6
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.