Property Listing No Longer Available for Sale

4300 Commerce Court, Lisle, IL

Office for Sale - $6,950,000 - 47,803 Sq. Ft. on 49299.44 acres


Property Info

CIMLS#135657
Location
  4300 Commerce Court
  Lisle IL 60532
UpdatedOctober 3rd, 2011
TypeOffice
Price$6,950,000
Building47,803 Sq. Ft.
Land49299.44 acres

Property Description

Corporate West I is located in Lisle, Illinois, just east of the Naperville Road & I-88 interchange. It is a well-maintained , highly visible property, consisting of a 47,803 square foot three-story building situated on a 3.0 acre site with tollway footage. Comcast is available to tenants.

Location Description:

I-88 frontage. Located off of Warrenville Road between Naperville Road and Route 53.

Highlights:

>> Assumable Non-Recourse Debt Due in 2017 w/ 80%LTV

>> 11.31% Cash on Cash Return

>> Current Cap Rate 8.23%

>> Low DuPage County Taxes

>> 150,000 Vehicles Pass Daily on I-88

>> Strong Visibility on I-88 with Interstate Frontage

>> Long Term Tenants

>> One of the strongest markets in the nation.

>> Comcast available.

* This property also has spaces available for lease.


Financials

Sales Info:

>> Cap rate: 8.23%

>> Commision split: 1.5%


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