Padron Dental

Office for Sale
Sale Pending/Contingent
Catylist Listing ID: 30674632
Property Subtypes: Business Park, Medical, Office Building
Status: Pending/Contingent
Condo? Yes
Building Size (RSF): 1,854 SF
Gross Land Area: 6,038 SF
Sale Price: $125,000
Ceiling: 9 ft.
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Building Name: Padron Dental
Class of Space: Class A
Usable Size (USF): 1,854 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 3/31/2021

Overview / Comments

Great investment opportunity! Turnkey dental office building with excellent visibility, renovated in 2017 and features 3 exam rooms, large reception area, and employee loft/lounge. Great location! Building is in great condition and well landscaped in a pleasant setting.

Property available for sale to owner/user. Current owner would consider leasing back to an investor. Call agent for details.

2019 RE Taxes - $4,348

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $4,348 (Annual)
Tax Value Land $8,132
Tax Value Improvements $25,923
Assessed Value - Total($) $34,055 (Annual)

Additional Details

Nearest MSA: Rockford
County: Winnebago
Taxing Authority: Rockford Township
Tax ID/APN: 1222306005
Is Condo?: Yes
Zoning: C1
Property Located Between: Strathmoor Dr. & Executive Parkway
Property Visibility: Excellent
Highway Access: BUS 20
Airports: Chicago Rockford International Airport
Site Description: Suite is located in a Condo Office Park with four additional suites.
Area Description: Mixed commercial, retail, multi-family, single-family and multi-family residential.
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 1,170 SF
Year Built: 1980
Year Renovated: 2017
Roof Type: Gable
Construction/Siding: Brick
Exterior Description: Brick Exterior
Parking Ratio: 3 (per 1000 SF)
Parking Type: Surface
Parking Description: Blacktop Surface Lot
Total Parking Spaces: 6
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Interior Description: Well kept, newly renovated dentistry. 3 exam rooms with a lobby, reception. Employee lounge is located in the 333 sq. ft. loft space. Unfinished basement with laundry and storage.
Zoning Description: C1 - Commercial Office
Lot Frontage: 125
Lot Depth: 238
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple
Legal Description: VILLAGE SQUARE 1 LOT 1 OF MULFORD VILLAGE OFFICE PARK SUBD W 1/2 SW 1/4 UNIT 5 SEC SEC: 22 TWP: 044 RANGE: 002

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,510 76,113 177,528
Median Age: 43.72 42.74 39.38
Households: 3,472 31,449 72,844

Contact

Photograph of Listing Agent

Tom Ewing CCIM CPM RPA MCR

KELLER WILLIAMS REALTY SIGNATURE CMCPEX Member
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