Northfield Plz
Northfield, IL 60093
Northfield Plaza · Bureau Propriété À vendre

Marcus & Millichap is pleased to present the premier investment opportunity located at 560-570 Frontage Road in Northfield, Illinois. The opportunity includes two well-appointed office assets, a five-story building and a three-story building, located in the prestigious North Shore business corridor. Positioned strategically along Interstate 94 on a sprawling five-acre site, this office plaza boasts campus-style visual appeal with a professionally landscaped courtyard. Additionally, the office plaza’s modern look is further reinforced by recent renovations to both main lobbies. Numerous amenities are available on-site and are thoughtfully implemented to attract and retain top-tier office and medical tenants. Those amenities include a modern fitness center, a full-service café, a state-of-the-art conference facility, a hair salon and a relaxing day spa. Tenants also benefit from reserved covered parking and high-speed fiber optic connections, supporting contemporary business needs. As a result, this offer presents a potential investor with an attractive value-add opportunity in the form of a low acquisition basis of $76 PSF and a going-in CAP Rate YR 1 of 7 percent that stabilizes with tremendous upside to an 18 percent CAP Rate.