Listing Agency: Northmarq | Atlanta o***@svn.com Show Phone

Listed By: Jason Powell · License #475146577 Show Phone

Source: Moodyscre

Added: Nov 15, 2024 Changed: Jul 10 Last Checked: Jul 21 at 5:06AM

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Investment Insights

Based on property information with market context.

This office building offers a value-add opportunity with 85% combined occupancy. The property benefits from brand new lease extensions and is anchored by Duly Health. It features tremendous access and visibility, along with attractive annual increases. The location benefits from solid submarket fundamentals and is e-commerce resistant. The property contains 7,647 square feet.

Key Highlights

• High combined occupancy at 85%
• Anchored by Duly Health
• Brand new lease extensions

Property Analytics

Property Profile

Current Use

Office buildings

Suggested Use

Top Pick Law Firm Auto Parts Store Storage Facility Garden Center Parking Lot & Garage HVAC Service

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

Location Intelligence

Trade Area within ½ mile

421

Businesses Nearby

Explore this area Business Placement

Market

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

Questions? Ask Rey

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What type of property is this? Where is this office buildings located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office building - Office building with high occupancy and value-add potential.

Where is this office building located?

The property is located at 473 Army Trail Rd Bloomingdale, IL.

What is the asking price?

The asking price for this property is $4,410,254.

What are key features of this property?

This property features: High combined occupancy at 85%; Anchored by Duly Health; Brand new lease extensions