Shepherd Group Properties List - 7409 Woodridge Drive, Woodridge, IL 60517 [back to listing]

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Status:

Primary Type:

Building Size:

Space Currently Available for Lease:

Building Class:

Occupancy:

Price:

Price/SF:

Rates:

Operating Expenses and
Real Estate Taxes Estimated at:

Cap Rate:

Year Built:

Investment and/or lease

Office, medical office

10,175 SF

641–1,200SF

A

94.00%

$2,500,000

$245.70

$13–$15/SF net

$4.50 SF

5.50%

1995

Location Description:
The property is located at the corner of 75th Street and Woodridge Drive 1 mile west of I355. The area is an upscale community with plenty of new development nearby. The Property is across the street from a Forest Preserve.

Property Description:
Frank Lloyd Wright style 10 year old medical/dental/ professional building with state of the art building systems, a commmon lobby. The property is 100% compliant with ADA requirements. A natural gas powered generator insures uninterepted power supply.

Highlights:
• Ideal armchair investment
• New building with back-up generator easy maintenance
• Long term tenants - cxcellent credit
• High growth area
• Can accomodate medical, dental, or general office
• Building should hold its value better than other props