Cook, US
Investment opportunity to purchase an established medical office condo that is leased to a podiatrist practice. The tenant extended their lease until June 2023. The suite has a NNN lease and is being offered a 11% capitalization rate. This turnkey office consists of four exam rooms, breakroom, waiting room, reception, nurses' station, and restroom. The office condo is approximately 1,100sf+/- and has an additional similar sized basement space that is used for storage and mechanical room. This is a "Medical Only" building per the association's bylaws. HVAC was updated in 2015 and roof was 2009. There is an association in place and the monthly dues are $252 per month. The dues cover costs for the garage removal, common area electric, lawn maintenance, snow removal, building insurance, and building security alarm.
Courtesy Of: Pillar Realtor LLC
General Features
- List Date:
- 08/19/2022
Exterior Features and Amenities
- Lot Size Dimensions:
- 100X300X100X300
Financial
- Purchase Contract Date:
- 2022-09-20
- Days On Market:
- 38
- Tax Annual Amount:
- $9,652.00
- Tax Year:
- 2020
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Data last updated: 2025-12-19.
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