1288 Rickert DR new Save Request In-Person Tour Request Virtual Tour
Naperville,IL 60540
Key Details
Property Type Commercial
Sub Type Office/Tech
Listing Status Active
Purchase Type For Sale
Square Footage 13,680 sqft
Price per Sqft $197
MLS Listing ID 12464424
Year Built 1989
Annual Tax Amount $34,637
Tax Year 2023
Lot Size 1.040 Acres
Lot Dimensions 45561
Property Sub-Type Office/Tech
Property Description
Brighton Commons is a three-story office building comprised of 13,719 square feet, currently demised into four suites. The tenancy includes two established medical tenants and one professional office tenant, with one suite on the second floor currently vacant. The property is 85 % occupied, offering investors a strong value-add opportunity through lease-up and strategic repositioning. With an ongoing transition toward medical office use, there is significant potential to further enhance the asset's value by securing an additional medical tenant and converting the third floor to medical office space upon expiration of the existing lease. This is a unique opportunity for investors to capitalize on the healthcare demand. PROPERTY HIGHLIGHTS: 6.00% CAP Rate $161,747 NOI * 85% occupied multi-tenant medical and office investment * 1 Vacant suite with 1,827 RSF * Built in 1989 and renovated in 2025 (No significant deferred maintenance) * Additional income from 3 year parking license agreement * Located directly off 75th Street south of Ogden in Naperville
Location
State IL
County Dupage
Area Naperville
Zoning PUD
Interior
Cooling Central Air
Flooring Carpet,Tile
Fireplace N
Exterior
Utilities Available Electricity Available,Natural Gas Available,Sewer Connected
Roof Type Membrane
Building
Dwelling Type Office/Tech
Water Municipal Water
Structure Type Brick,Concrete,Steel Siding