Average square foot calculated using Size range provided by listing agent.
Description
Brighton Commons is a three-story office building comprised of 13, 719 square feet, currently demised into four suites. The tenancy includes two established medical tenants and one professional office tenant, with one suite on the second floor currently vacant. The property is 85 % occupied, offering investors a strong value-add opportunity through lease-up and strategic repositioning. With an ongoing transition toward medical office use, there is significant potential to further enhance the asset's value by securing an additional medical tenant and converting the third floor to medical office space upon expiration of the existing lease. This is a unique opportunity for investors to capitalize on the healthcare demand. PROPERTY HIGHLIGHTS: 6.00% CAP Rate $161, 747 NOI * 85% occupied multi-tenant medical and office investment * 1 Vacant suite with 1, 827 RSF * Built in 1989 and renovated in 2025 (No significant deferred maintenance) * Additional income from 3 year parking license agreement * Located directly off 75th Street south of Ogden in NapervilleShow Description
MLS® Number12464424
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1989
Stories
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
Heat
A/CCentral Air
Heating Fuel
Extras
Similar Listings
Get notified of price or status changes by saving this listing