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1891 Bay Scott Cir 9,999 SF 100% Leased Office Building Naperville, IL 60540 $3,565,016 CAD ($356.54 CAD/SF) 6.92% Cap Rate
Executive Summary
Stabilized, 100% leased multi-tenant medical office building located in Naperville, one of Chicago’s premier suburban markets. The single-story property totals 9,999 SF and is leased to a diversified mix of medical and professional tenants. The asset offers in-place cash flow with a 6.92% cap rate, strong tenant retention, and a WALT of 4.07 years. Well-maintained building with minimal common areas and dedicated suite ingress/egress.
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Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Office
Property Subtype
Medical
Building Size
9,999 SF
Building Class
B
Year Built
2003
Price
$3,565,016 CAD
Price Per SF
$356.54 CAD
Cap Rate
6.92%
NOI
$246,696 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
9,999 SF
Building FAR
0.74
Lot Size
0.31 AC
Zoning
B2, Naperville
Parking
40 Spaces (4 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Signage
Property Taxes
| Parcel Number | 07-26-113-010 | Improvements Assessment | $866,470 CAD |
| Land Assessment | $55,340 CAD | Total Assessment | $921,810 CAD |
Property Taxes
Parcel Number
07-26-113-010
Land Assessment
$55,340 CAD
Improvements Assessment
$866,470 CAD
Total Assessment
$921,810 CAD
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1891 Bay Scott Cir
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