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    OFF-MARKET
    Office Spaces

    1705 Mediterranean Dr, Sycamore, IL 60178

    9,964 SF Built 2023
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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