660 W Stephenson St - Office FOR SALE


Freeport, IL 61032
$375,000 USD
815-238-2015
660 W Stephenson St, Freeport, IL for Sale
$375,000 USD
Office - FOR SALE
1/11
null | Request Cap Rate

660 W Stephenson St
Freeport, IL 61032


HIGHLIGHTS

  • good traffic count
  • owner will lease back half
  • many mechanical upgrades

OVERVIEW

10,458 SF building for sale, owner will lease back 1/2 at $ 5.09/SF net or $2100 per month. Project $7 per SF on vacant space. Many upgrades.Vacant portion most recently was govt. offices. See attached pro forma Owner is very motivated and wants all offers. THE BUSINESS IS NOT FOR SALE

FOR SALE DETAILS

PRICE

$375,000 USD

PRICE/SF

$36 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Former govt offices 1/2 leasback

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,265 SF

ZONING

-

APN/PARCEL ID

18-14-31-153-026,18-14-31-153-035

ASK ABOUT THIS PROPERTY

Brian BorchardtA-1 AgencyMore Info
815-238-2015

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Brian BorchardtA-1 AgencyMore Info
815-238-2015

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.