768 Shoreline Brochure - LoopNet · 2020. 2. 13. · Eastman Builders - CS D8 210 3/1/16 2/28/20...
6
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 This offer may be withdrawn from the market or be subject to a change in price or terms withoutadvance notice.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 This offer may be withdrawn from the market or be subject to a change in price or terms withoutadvance notice.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
