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Oak Brook Office Building For Rent
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1000 Royce Blvd, Oak Brook, IL

Single-tenant office building with customizable spaces and covered parking.

Property Size21,936 SF
Lot Size9.02 Acres
Days on Market1276

Property Features for 1000 Royce Blvd

General Information

Standard status Active
Size 21,936 SF
Lot size 9.02 Acres
Property subtype OFFICE
Listing Agency: NAI Hiffman | Oakbrook Terrace
Listed By: Adam Johnson · License #475123331
Source: Moodyscre
Added: Jan 31, 2023 Changed: Jul 6 Last Checked: Jul 21 at 6:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Hiffman | Oakbrook Terrace

Investment Insights

Based on property information with market context.

This office building in Oak Brook, Illinois, presents a rare single-tenant opportunity. The property features spaces ready to be customized to suit specific needs. A unique architectural element is the lifted ceilings on the third floor. The building includes 61 heated, covered parking spaces. Its location provides convenient access to restaurants, hotels, and shopping. Full-floor opportunities are available, including spaces on the first floor with tall ceilings that are ready to be customized. The property has a size of 21,936 square feet.

Key Highlights

  • 61 heated, covered parking spaces
  • Great access to restaurants, hotels and shopping
  • Spaces ready to be customized

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Repair Shop Grocery & Convenience Store Computer & Electronic Repair Bakery Catering Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,796
Businesses Nearby

Market

Lease Benchmarks for Oak Brook, IL

$23.85 /SF/Yr
Avg Asking Price
$19.25–$29.5 /SF/Yr
Price Range
35,966 SF
Avg Space Size

This space is priced 37% below the average of $23.85 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Single-tenant office building with customizable spaces and covered parking.
Where is this office building located?
The property is located at 1000 Royce Blvd Oak Brook, IL.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 61 heated, covered parking spaces; Great access to restaurants, hotels and shopping; Spaces ready to be customized
(630) 317-0729 Call to check price and availability
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