Property profile

1705 Mediterranean Dr Sycamore, IL 60178

OFF-MARKET
Office Spaces
9,964 SF Built 2023
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Property summary

AI-generated overview

This exceptional 9,964-square-foot Class A medical office building, newly constructed in 2023, presents a unique investment opportunity in Sycamore, Illinois. Located just one mile northeast of Northwestern Kishwaukee Hospital, this property boasts a prime location with excellent visibility and accessibility. The building features a convenient covered drop-off area and ample parking, with 54 spaces (a generous 5.6 spaces per 1,000 square feet). The interior showcases above-standard finishes, reflecting a commitment to quality and modern design. Currently vacant, this property is available for sale or lease, offering flexibility to prospective buyers or tenants. A generous tenant improvement allowance is available to assist with build-out costs, making this an attractive proposition for medical practices seeking a move-in ready space. The property is situated in DeKalb County, Illinois, with the address being 1705 Mediterranean Drive, Sycamore, IL 60178. This is a Net Net Net (NNN) lease opportunity. The building is ready for immediate occupancy.

Property profile

Verified
Property type Office Spaces
Year built 2023
Total area 9,964 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1705 Mediterranean Dr Sycamore, IL 60178
Sycamore metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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