Single-Tenant Dental Office
1991 Wiesbrook Road Oswego, IL 60543
1991 Wiesbrook Road, Oswego, IL, 60543
$1,275,000
For Sale
$1,275,000
All-brick, well-maintained dental office with long-term tenant in place and a favorable NNN expense structure.
Property Size6,000 SF
Lot Size1.37 Acres
Price / SF$212.50
Days on Market53
Property Features for 1991 Wiesbrook Road
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Lot size
- 1.37 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 2000
Listing Agency
JOHN GREENE COMMERCIAL
(630) 229-2290
Listed by
MIKE WASEEN · License #475169496
Source
Corcoran
Added: May 28 Checked: Jul 19 at 4:02 am
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 JOHN GREENE COMMERCIAL
Investment Insights
Based on property information with market context.
Rare opportunity to acquire a long-term, single-tenant NNN dental office investment positioned on a high-visibility site. The all-brick medical asset includes approximately 3,950 SF of finished dental office space along with an additional 1,950 SF unfinished lower level, for a total of about 6,000 SF. The main level was purpose built for efficient patient flow and features a spacious reception area with vaulted ceilings, eight operatories with rear delivery and nitrous oxide lines, a training or conference room, a doctor’s office, lab and sterilization rooms, and an x-ray room. Support and convenience spaces include two restrooms and a staff break room. The property has been very well maintained, with a new roof installed in 2024 and mechanical system replacements completed in 2023.
Located in Oswego’s rapidly growing commercial corridor, the building benefits from its presence near major commuter routes, including US Route 30 and US Route 34. The asset is currently occupied by Kendall Pointe Dental, operating under D1 Support, LLC, an affiliated practice within the DecisionOne Dental Partners network.
With the tenant in place since 2016 and a recent 5-year lease extension through September 30, 2031, the property offers long-term occupancy stability. The lease structure provides an investor-friendly expense profile, with the tenant responsible for items including real estate taxes, utilities, janitorial, landscaping, snow removal, refuse, HVAC servicing, and interior maintenance, supporting reduced management intensity for the ownership group.
Located in Oswego’s rapidly growing commercial corridor, the building benefits from its presence near major commuter routes, including US Route 30 and US Route 34. The asset is currently occupied by Kendall Pointe Dental, operating under D1 Support, LLC, an affiliated practice within the DecisionOne Dental Partners network.
With the tenant in place since 2016 and a recent 5-year lease extension through September 30, 2031, the property offers long-term occupancy stability. The lease structure provides an investor-friendly expense profile, with the tenant responsible for items including real estate taxes, utilities, janitorial, landscaping, snow removal, refuse, HVAC servicing, and interior maintenance, supporting reduced management intensity for the ownership group.
Key Highlights
- Single‑tenant, NNN dental office built in 2000 with 3,950 SF finished space plus 1,950 SF unfinished lower level (approx. 6,000 SF total).
- 8 operatories with rear delivery and nitrous oxide lines, plus reception with vaulted ceilings, training/conference room, lab, sterilization, and x‑ray room.
- Tenant Kendall Pointe Dental (D1 Support, LLC) has been in place since 2016 and extended through September 30, 2031.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $146.9k | $24.48 |
| − Vacancy | −$36.6k | −$6.10 |
| EGI | $110.3k | $18.38 |
| − OpEx | −$27.6k | −$4.60 |
| NOI | $82.7k | $13.79 |
6,000 SF · lease $24.48/SF/yr · vacancy 24.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.18M
$1.03M – $1.38M
NOI $82,730 @ 7.0% cap · market cap 6.49%
Second Best
Healthcare Medical
$1.14M
$993.6K – $1.32M
NOI $79,488 @ 7.0% cap · market cap 6.23%
Theoretical Best
Office A
$2.07M
$1.81M – $2.42M
NOI $145,007 @ 7.0% cap · market cap 11.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
Similar Off Market Nearby
- Dr. Judy McBeth, DVM — 130 Fifth St, Oswego, IL 60543
FAQs
What type of property is this?
Medical Office Space - All-brick, well-maintained dental office with long-term tenant in place and a favorable NNN expense structure.
Where is this medical office space located?
The property is located at 1991 Wiesbrook Road Oswego, IL.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: Single‑tenant, NNN dental office built in 2000 with 3,950 SF finished space plus 1,950 SF unfinished lower level (approx. 6,000 SF total).; 8 operatories with rear delivery and nitrous oxide lines, plus reception with vaulted ceilings, training/conference room, lab, sterilization, and x‑ray room.; Tenant Kendall Pointe Dental (D1 Support, LLC) has been in place since 2016 and extended through September 30, 2031.
