Listings

426 S. 3rd Street Geneva, IL

Listing Information

Fully Leased, Medical/Retail Investment

$2,099,000 | 8.09% Cap Rate

Medical
Retail
Listing PDF

Deal Highlights:

Price: $2,099,000

NOI: $169,089

Cap Rate: 8.09%

$/PSF: $231.52

  • Sale and Leaseback featuring established maxillofacial surgery practice on the entire 2 nd Floor
  • Long standing, loyal tenant base
  • 2nd Floor NNN Lease with opportunity to convert first floor gross leases upon expiration
  • WALT= 6.18 years
No items found.

Building Detail:

Building Size: 9,066 SF

Parcel Size: .60 AC

Year Built: 1989

  • Prominent downtown Geneva location
  • Property consists of 2 condos, with separate PINs, being sold as a single building
  • Walking distance to train station
  • Classic mansion exterior with modern interior
  • Elevator Building
  • 25 surface parking spaces

Disclaimer

The information contained in the memorandum has been obtained from sources we believe to be reliable; however, Resource Commercial Advisors, or any of their officers, employees, or agents, has not verified, and will not verify any of the information contained herein and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. This memorandum does not purport to be all inclusive or to contain all the information which prospective lessee or purchaser may desire References to square footage or age are approximate. No legal liability is assumed or shall be implied with respect thereto. The owner expressly reserves the right at its sole discretion to reject any or all proposals or expressions of interest in the property and to terminate discussions with any party at any time with or without notice.

Agency Disclosure

Trip McDonough and Mark Brodson (“Licensees”) of Resource Commercial Advisors are acting solely on behalf of the the Owner or Lessor of the real estate and any information given to the Licensees by the Purchaser/Lessee may be disclosed to the Owner/Lessor.