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Hobson Ridge Office Park 5 Office Properties Offered at $4,056,132 CAD in Woodridge, IL
Investment Highlights
- Outstanding location, directly off Hobson Road and Route 53
- Diversified tenant mix, with professional services, medical practitioners, and a Montessori school
- Tenants Suites are separately metered for Gas and Electric, independently controlled HVAC
- Historically strong rent roll, with $201,202 of In-Place NOI, along with lease-up potential on the remaining 6,598 SF
- High demand single-story product with self-contained bathrooms and access, along with drive-up parking
- Pride of Ownership - the property is professionally managed with on-site personnel
Executive Summary
CBRE Capital Markets, Investment Properties, has been retained by Ownership as advisor and agent to sell 100% fee simple interest in Hobson Ridge Office Park, Woodridge (DuPage County), Illinois.
Hobson Ridge Office Park consists of five free-standing buildings totaling 24,780 sq.ft. on 4.17 acres, located in Woodridge, Illinois. The Property is located along Hobson Road, east of Route 53 and West of I-355. Primary access to the Property is from Route 53 and Hobson Road.
The investment provides an opportunity to acquire a strong cash flowing asset with historically high occupancy, along with some value-add upside.
Hobson Ridge Office Park consists of five free-standing buildings totaling 24,780 sq.ft. on 4.17 acres, located in Woodridge, Illinois. The Property is located along Hobson Road, east of Route 53 and West of I-355. Primary access to the Property is from Route 53 and Hobson Road.
The investment provides an opportunity to acquire a strong cash flowing asset with historically high occupancy, along with some value-add upside.
Property Facts
| Price | $4,056,132 CAD | Number of Properties | 5 |
| Price / SF | $210.38 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 6.82% | Total Building Size | 19,280 SF |
| Sale Type | Investment | Total Land Area | 20.85 AC |
| Status | Active |
| Price | $4,056,132 CAD |
| Price / SF | $210.38 CAD / SF |
| Cap Rate | 6.82% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Building Size | 19,280 SF |
| Total Land Area | 20.85 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 3341 Hobson Rd, Woodridge, IL 60517 | Office | 4,995 SF | 2011 | - |
| 3311 Hobson Rd, Woodridge, IL 60517 | Office | 4,995 SF | 2010 | - |
| 3351 Hobson Rd, Woodridge, IL 60517 | Office | 4,800 SF | 2012 | - |
| 3331 Hobson Rd, Woodridge, IL 60517 | Office | 2,328 SF | 2010 | - |
| 3321 Hobson Rd, Woodridge, IL 60517 | Office | 2,162 SF | 2010 | - |
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Hobson Ridge Office Park
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