1445-1457 Merchant Dr - Bldg B 1,339 - 1,860 SF Office Condo Units Offered at $359,195 - $383,482 CAD Per Unit in Algonquin, IL 60102
EXECUTIVE SUMMARY
Turn-key medical testing center now available for lease, located in the Briarwood Office center just off of County Line Road in Algonquin (across from Algonquin Commons). Strategically located within 5.3 to 12.0 miles of 3 hospitals and 6 medical clinics. This is a major service area for Advocate Sherman and Centegra Healthcare. McHenry County is home to more than 300,000 residents.
PROPERTY FACTS
| Price | $359,195 - $383,482 CAD |
| Unit Size | 1,339 - 1,860 SF |
| No. Units | 3 |
| Total Building Size | 21,550 SF |
| Property Type | Office |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 21,550 SF |
| Year Built | 2005 |
| Lot Size | 4.49 AC |
| Parking Ratio | 3.71/1,000 SF |
3 UNITS AVAILABLE
Unit 1447
| Unit Size | 1,860 SF |
| Price | $368,192 CAD |
| Price Per SF | $197.95 CAD |
| Condo Use | Office |
| Sale Type | Investment |
| Cap Rate | 10.00% |
| NOI | $36,819.25 CAD |
Unit 1449
| Unit Size | 1,339 SF |
| Price | $359,195 CAD |
| Price Per SF | $268.26 CAD |
| Condo Use | Office |
| Sale Type | Investment |
Unit 1455
| Unit Size | 1,573 SF |
| Price | $383,482 CAD |
| Price Per SF | $243.79 CAD |
| Condo Use | Office |
| Sale Type | Investment |
ZONING
| Zoning Code | B2- PUD, Algonquin |
