Padron Dental
Office
for Sale
| Catylist Listing ID: |
30674632 |
| Property Subtypes: |
Business Park, Medical, Office Building
|
| 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: |
1/15/2021 |
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: |
1222306004 |
| 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 |
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 |
|
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