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Multi-Tenant Flex Building 1272 Bond St 21,163 SF 100% Leased Office Building Naperville, IL 60563 $5,290,125 CAD ($249.97 CAD/SF) 7.42% Cap Rate



Investment Highlights
- Ideal DuPage County Location | One of Chicagoland’s Most Desirable Submarkets
- 100 Percent Occupied | Long-Operating History - Meher Montessori Academy has been Operating at this Site Since 2012 and Cultivate Since 2019
- Flexible and Favorable Zoning - (OCI) Office/Commercial/Institutional District | Avg Household Income Exceeds $150,000 within Five Miles
- Premium Naperville Office/Industrial Flex Building | Designed for Versatility and Future Adaptability
- Several Front-Facing Windows are Designed for Conversion to Roll-Up Doors, Enabling a Seamless Transition to Light Industrial Flex Use if Desired
- Prime Location Near Major Thoroughfares (Route 59 with 50,500 Vehicles per Day) and Interstate-88 (139,000 Vehicles per Day)
Executive Summary
This offering features a 100 percent occupied multi-tenant flex property in Naperville, one of Chicagoland’s most desirable submarkets in DuPage County, known for strong growth and lower property taxes than neighboring counties. The property is stabilized with a diverse tenant base, including Meher Montessori Academy, Cultivate, Happy Place Family Services, and Lange Logistics. Meher Montessori Academy has operated at the site since 2012, and Cultivate since 2019, and both Lange Logistics and Cultivate have over five years of remaining lease term.
Designed for adaptability, the building includes front-facing windows that can be converted into roll-up doors, allowing for a seamless transition to light industrial flex use. The 2.12-acre site includes 110 parking spaces, and favorable OCI zoning which enhances long-term flexibility.
Strategically located one mile from Interstate 88 and 0.3 miles from Route 59, the property benefits from strong regional connectivity, with proximity to the Metra BNSF line further supporting access. The asset is situated within a dense Naperville employment hub, with over 120,000 employees within three miles and proximity to major corporate users, retail corridors, and multiple nearby hotels. The surrounding area is affluent and growing, with more than 76,000 residents within three miles, continued population growth, and average household incomes exceeding $150,000 within five miles, supporting long-term tenant demand and investment stability.
Designed for adaptability, the building includes front-facing windows that can be converted into roll-up doors, allowing for a seamless transition to light industrial flex use. The 2.12-acre site includes 110 parking spaces, and favorable OCI zoning which enhances long-term flexibility.
Strategically located one mile from Interstate 88 and 0.3 miles from Route 59, the property benefits from strong regional connectivity, with proximity to the Metra BNSF line further supporting access. The asset is situated within a dense Naperville employment hub, with over 120,000 employees within three miles and proximity to major corporate users, retail corridors, and multiple nearby hotels. The surrounding area is affluent and growing, with more than 76,000 residents within three miles, continued population growth, and average household incomes exceeding $150,000 within five miles, supporting long-term tenant demand and investment stability.
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Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
21,163 SF
Building Class
B
Year Built
2007
Price
$5,290,125 CAD
Price Per SF
$249.97 CAD
Cap Rate
7.42%
NOI
$392,455 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
21,163 SF
Building FAR
0.23
Lot Size
2.12 AC
Zoning
C - Commercial
Parking
110 Spaces (5.2 Spaces per 1,000 SF Leased)
Amenities
- Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 07-10-313-003 | Improvements Assessment | $718,061 CAD |
| Land Assessment | $419,015 CAD | Total Assessment | $1,137,076 CAD |
Property Taxes
Parcel Number
07-10-313-003
Land Assessment
$419,015 CAD
Improvements Assessment
$718,061 CAD
Total Assessment
$1,137,076 CAD
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Multi-Tenant Flex Building | 1272 Bond St
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