For Sale at $549,000
For Lease at $15 per S. F. NNN
Excellent investment opportunity. Leased with a national tenant since 2014. Gross income for 2017 was $52,480 with a net income of $38,750. CAP rate of 7% based on 2017 income. Rent automatically increases 2.5% each year. Condo Association takes care of the common area maintenance. The 2,866 SF brick office condo is located in an established high end area of professional offices of the Midlands Professional Campus of Sycamore, IL. Centrally located between DeKalb and Sycamore. Modern Condo features high end office suites and conference room.
Contact: Rick Hoffman 815 522-3255,