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303 Army Trail RdBloomingdale, IL 60108
Willowlake Center
Asset ClassOffice
overview of deal

Overview

Willowlake Center is a four-story, medical office building that was built in 1996. At 65.8% leased, the property provides an investor the opportunity to upgrade the facility and increase occupancy. The building currently has 21 tenants. The two largest tenants, Duly (9.6%) and Adventist GlenOaks Hospital (8.6%), provide credit tenancy but at less than 20% of the rentable area, the building is not solely dependent on one tenant. Second generation medical suites allows an investor to get a head start on leasing due to existing medical infrastructure in place.

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Investment Highlights

Square Feet
68,297
# Stories
4
Occupancy
65.8%
Land
6.84 Acres
  • Value-add opportunity at current 65.8% occupancy
  • Second generation medical spaces available
  • Small medical build-outs allow for risk spread over many tenants
  • 6.84 acre site
  • 1.4 miles from full interchange at I-355
  • Located near numerous amenities
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deal gallery image
deal gallery image
303 Army Trail RdBloomingdale, IL 60108

Capital Markets Group - Office

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Listing provided by Revere CRE