Enterprise Office Campus
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Enterprise Office Campus
3 Office Properties Offered at $2,150,000 in Arlington Heights, IL
Investment Highlights
- 41,161 SF Multi-Tenant Office Property For Sale (Asking Price $2,150,000) ($52.23 PSF)
- Unique situation for a user or investor to own and or occupy space & potentially mange or outsource management
- See Links below for 3-D Virtual Tours of select Suites!!!
- Existing Cap Rate 8.76% (Currently 90% leased with approx 13 tenants)
- Affords an Investor Flexibility in leasing space to increase income or selling office condo units to users at a premium price per SF
- Contact Broker to discuss this Exclusive opportunity to purchase the entire complex 41,161 SF (Asking Price $2,150,000) ($52.23 PSF)
Executive Summary
Enterprise Office Campus For Sale( Current Cap Rate 8.75%)
41,161 SF Multi-Tenant Office Property For Sale (Asking Price $2,150,000) ($52.23 PSF)
Currently 90% leased with approx 4,504 SF Vacant (3 suites Individual suites)
Currently over $562,000 in existing Gross Income from 13 Current Tenants
Unique situation for a user or investor to own, and or occupy space & potentially mange or outsource management fees
***New 10 year medical tenant anchor lease recently inked! ***
Affords an Investor Flexibility in leasing space to increase income or selling office condo units to users at a premium price per SF
Three-building, single-story office complex fronting on the east side of Route 53 between Dundee and Rand Roads. Full interchange at Dundee Road. Professionally managed and operated, beautifully manicured landscaping, and maintained to a high level.
Located 1 block East of full Rt 53 & Dundee Rd full interchange
Ideal for Office or Medical
Tenant controlled HVAC and 24 hour access
Comcast high-speed internet and cable available
Operable windows
Private Restrooms
Professional Park-Like Setting
Building Signage Available
Units available for sale or lease
See link below for 3-D Virtual Tour of select Suites!
Value Add or User/Investor Opportunity 41,161 SF Multi-Tenant Single Story Office Building
Currently 90 % Leased with up to 4,504 SF Available For A User
Existing Gross Income: $562,000
Existing Net Income: $188,137
Existing Cap Rate: 8.76%
Existing Occupancy: 90%
Proforma NOI= $249,000
Proforma Cap Rate 11.58%
See link below for 3-D Virtual Tour of the 3 remaining vacant suites!
41,161 SF Multi-Tenant Office Property For Sale (Asking Price $2,150,000) ($52.23 PSF)
Currently 90% leased with approx 4,504 SF Vacant (3 suites Individual suites)
Currently over $562,000 in existing Gross Income from 13 Current Tenants
Unique situation for a user or investor to own, and or occupy space & potentially mange or outsource management fees
***New 10 year medical tenant anchor lease recently inked! ***
Affords an Investor Flexibility in leasing space to increase income or selling office condo units to users at a premium price per SF
Three-building, single-story office complex fronting on the east side of Route 53 between Dundee and Rand Roads. Full interchange at Dundee Road. Professionally managed and operated, beautifully manicured landscaping, and maintained to a high level.
Located 1 block East of full Rt 53 & Dundee Rd full interchange
Ideal for Office or Medical
Tenant controlled HVAC and 24 hour access
Comcast high-speed internet and cable available
Operable windows
Private Restrooms
Professional Park-Like Setting
Building Signage Available
Units available for sale or lease
See link below for 3-D Virtual Tour of select Suites!
Value Add or User/Investor Opportunity 41,161 SF Multi-Tenant Single Story Office Building
Currently 90 % Leased with up to 4,504 SF Available For A User
Existing Gross Income: $562,000
Existing Net Income: $188,137
Existing Cap Rate: 8.76%
Existing Occupancy: 90%
Proforma NOI= $249,000
Proforma Cap Rate 11.58%
See link below for 3-D Virtual Tour of the 3 remaining vacant suites!
Data Room Click Here to Access
- Offering Memorandum
Taxes & Operating Expenses (Actual - 2022) |
Annual |
|---|---|
| Gross Rental Income |
$562,000
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$562,000
|
| Taxes |
$165,696
|
| Operating Expenses |
$208,575
|
| Total Expenses |
$374,271
|
| Net Operating Income |
$187,729
|
Taxes & Operating Expenses (Actual - 2022)
| Gross Rental Income | |
|---|---|
| Annual | $562,000 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $562,000 |
| Taxes | |
|---|---|
| Annual | $165,696 |
| Operating Expenses | |
|---|---|
| Annual | $208,575 |
| Total Expenses | |
|---|---|
| Annual | $374,271 |
| Net Operating Income | |
|---|---|
| Annual | $187,729 |
Property Facts
| Price | $2,150,000 | Number of Properties | 3 |
| Price / SF | $41.50 / SF | Individually For Sale | 0 |
| Cap Rate | 8.75% | Total Building Size | 51,802 SF |
| Sale Type | Investment | Total Land Area | 7.52 AC |
| Status | Active |
| Price | $2,150,000 |
| Price / SF | $41.50 / SF |
| Cap Rate | 8.75% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 51,802 SF |
| Total Land Area | 7.52 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Enterprise Office Campus Bldg A
3125 N Wilke Rd, Arlington Heights, IL 60004 |
Office | 10,663 SF | 1985 | - |
|
Enterprise Office Campus Bldg B
3115 N Wilke Rd, Arlington Heights, IL 60004 |
Office | 25,419 SF | 1985 | - |
| 3135 N Wilke Rd, Arlington Heights, IL 60004 | Office | 15,720 SF | 1985 | - |
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