3000 Highland View Dr Freeport, IL 61032 pending




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Key Details

Property Type: Office

Sub Type: Business Park, Medical, Net Leased, Office Building

Listing Status: Pending

Purchase Type: For Sale

Square Footage: 5,582 sqft

Price per Sqft: $116

Lot Size: 1.074 Acres

Year Built: 1997

MLS Listing ID: 30427019

Price: $649,900

Property Description

MIDWEST DENTAL operates over 200 state of the art dental offices in 20 states from the Southwest to the East Coast. Built in 1997, this location features nine exam rooms, each with an outdoor view, a large reception area, conference rooms. The basement is one-half with the balance an accessible crawl space. Beautifully landscaped lawn is has full sprinkler system.
The owner is offering this NNN leased property for sale with two years remaining on current lease and two 5 year options. MIDWEST DENTAL has agreed to a 5-year extention of the current lease until 2025 with 3% annual increases.
A small counseling office occupies a separate space on a gross lease.
Owner nets over 9% annual return.
Building is in excellent condition and is located near Highland Community College.
Complete financial information is available upon request.


State: IL

County: Stephenson


Garage: Level, concrete parking lot.


Story: 1


Acceptable Financing: Cash to Seller

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Listing provided by  GAMBINO REALTORS

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