West suburban Lisle NNN lease investment opportunity for qualified buyers. 6.98 CAP rate - $38,440 NOI. Low rent basis of $15.50 per square foot. The tenants, a mental health counseling center, is in Year 1 or their initial 5-year term. The initial lease expiration is June 30th, 2026. Their lease commitment is 5 years with (2) 5-Year option periods with annual rent increases are 2.5% for years 4-5 of the initial term and 3% annually for the option terms. The immediate area is convenient to restaurants, shopping and golf courses. Showing are available before and after business hours.
11419499
Commercial - Business Opportunities, Other
2001
Du Page
0.87
Acres
Brick
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
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