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    OFF-MARKET
    Retail properties & Spaces

    1600 Us-6, Morris, IL 60450

    19,000 SF 3 ac lot Built 2005
    Property ID
    Property summary
    AI-generated overview

    This exceptional Class A medical office building, situated on three acres in Morris, Illinois, presents a unique leasing opportunity. Completed in 2005 and extensively renovated in 2023, the single-story, 19,000 square foot building boasts a prime location at 1600 US-6, in Grundy County. The property is categorized as both retail and office space, currently configured as a single suite, though it's designed to accommodate multiple tenants. One space of 6,025 square feet is immediately available for lease. The building's modern design and recent renovations ensure a high-quality, efficient workspace. Its convenient location offers excellent visibility and accessibility for patients and staff. The property's ample land area provides ample parking and potential for future expansion. This is an ideal opportunity for medical professionals seeking a well-maintained, modern facility in a thriving community. The property's Class A designation reflects its superior construction, amenities, and location. This is a rare opportunity to secure a prominent medical office space in a desirable location. The address is 1600 US-6, Morris, IL 60450.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2005
    Total area 19,000 SF
    Lot 3 ac (130,680 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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