768 Shoreline Brochure - LoopNet · 2020. 2. 13. · Eastman Builders - CS D8 210 3/1/16 2/28/20...

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768 Shoreline Drive Aurora, IL 60504

Transcript of 768 Shoreline Brochure - LoopNet · 2020. 2. 13. · Eastman Builders - CS D8 210 3/1/16 2/28/20...

  • 768 Shoreline DriveAurora, IL 60504

  • Mike [email protected] information contained herein is from sources john greene Real Estate deems reliable, but is not guaranteed. This offer may be withdrawn from the market or be subject to a change in price or terms withoutadvance notice. Seller reserves the right to reject any and all offers. Duplication is expressly prohibited. 2019

    OFFERING SUMMARY

    Sale Price: $650,000

    Cap Rate: 6.41%

    Year Built: 2003

    Building Size: 6,160 SF

    Zoning: PDD - Aurora

    Taxes: $17,556 (2018)

    Single story brick office building in upscale business campus of MeadowLakes Corporate Park. Priced at 6.41% cap rate or $106/sf. Location centralto Downtown Naperville, I-88, IL-59 and US-34. Well maintained buildingwith metal roof and regularly serviced mechanicals.

    PROPERTY OVERVIEW

    DEMOGRAPHICS

    1 MILE 3 MILES 5 MILES

    Total Households 3,971 32,034 78,068

    Total Population 11,133 91,231 230,502

    Average HH Income $89,524 $105,960 $105,610

    O F F I C E B U I L D I N G F O R S A L Ejohn greene Commercial | 1311 S Route 59, Naperville, IL 60564 | 630.229.2290

    768 Shoreline Drive | Aurora, IL 60504

  • Mike [email protected] information contained herein is from sources john greene Real Estate deems reliable, but is not guaranteed. This offer may be withdrawn from the market or be subject to a change in price or terms withoutadvance notice. Seller reserves the right to reject any and all offers. Duplication is expressly prohibited. 2019

    TENANT

    NAME

    UNIT

    NUMBER

    UNIT

    SIZE (SF)

    LEASE

    START

    LEASE

    END

    ANNUAL

    RENT

    % OF

    BUILDING

    PRICE

    PER SF/YR

    Eastman Builders D1 675 3/1/16 2/28/20 $13,800 10.96 $20.44

    Vitality Chiropractic Center D2 1,555 11/1/10 10/31/20 $35,778 25.24 $23.01

    Move Well D5 750 11/1/16 10/31/20 $8,400 12.18 $11.20

    Move Well D6 750 12/31/19 12/31/20 $13,200 12.18 $17.60

    Vacant D7 310 5.03

    Eastman Builders - CS D8 210 3/1/16 2/28/20 $3,960 3.41 $18.86

    Miscellaneous - Mailbox Agreement M/M M/M $1,200

    Totals/Averages 4,250 $76,338 $17.96

    EXPENSE SUMMARY PER SF

    Taxes $17,556 $2.85

    Maintenance (landscape, snow removal, etc.) $9,500 $1.54

    Insurance $2,600 $0.42

    Electric, gas, fire, garbage, water paid by landlord $3,800 $0.62

    Association Fee $1,200 $0.19

    Gross Expenses $34,656 $5.63

    Net Operating Income $41,682 (6.41%) $6.77

    R E N T R O L Ljohn greene Commercial | 1311 S Route 59, Naperville, IL 60564 | 630.229.2290

    768 Shoreline Drive | Aurora, IL 60504

  • john greene Commercial | 1311 S Route 59, Naperville, IL 60564 | 630.229.2290

    768 Shoreline Drive | Aurora, IL 60504

    Mike [email protected] information contained herein is from sources john greene Real Estate deems reliable, but is not guaranteed. This offer may be withdrawn from the market or be subject to a change in price or terms withoutadvance notice. Seller reserves the right to reject any and all offers. Duplication is expressly prohibited. 2019

  • Mike [email protected] information contained herein is from sources john greene Real Estate deems reliable, but is not guaranteed. This offer may be withdrawn from the market or be subject to a change in price or terms withoutadvance notice. Seller reserves the right to reject any and all offers. Duplication is expressly prohibited. 2019

    O F F I C E B U I L D I N G F O R S A L Ejohn greene Commercial | 1311 S Route 59, Naperville, IL 60564 | 630.229.2290

    768 Shoreline Drive | Aurora, IL 60504

  • Mike [email protected] information contained herein is from sources john greene Real Estate deems reliable, but is not guaranteed. This offer may be withdrawn from the market or be subject to a change in price or terms withoutadvance notice. Seller reserves the right to reject any and all offers. Duplication is expressly prohibited. 2019

    POPULATION 1 MILE 3 MILES 5 MILES

    Total Population 11,133 91,231 230,502

    Median age 30.6 32.0 33.0

    Median age (Male) 30.5 31.4 32.2

    Median age (Female) 30.3 32.7 33.6

    HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

    Total households 3,971 32,034 78,068

    # of persons per HH 2.8 2.8 3.0

    Average HH income $89,524 $105,960 $105,610

    Average house value $341,408 $402,314 $400,418

    * Demographic data derived from 2010 US Census

    O F F I C E B U I L D I N G F O R S A L Ejohn greene Commercial | 1311 S Route 59, Naperville, IL 60564 | 630.229.2290

    768 Shoreline Drive | Aurora, IL 60504