Marcus & Millichap is pleased to present Brittany Court, a fully-stabilized 15,594 square foot single-story office investment with frontage on Milwaukee Avenue in Wheeling, IL.

The property is currently 100 percent occupied by 22 tenants with a weighted average lease term of approximately two (2) years. The owner purchased the asset a year ago at 40 percent occupancy and has renovated each suite. In doing so, ownership was able to lease the entire building, highlighting the demand for single-story office space in this submarket.

The property is situated on 1.42 acres of land with frontage on Milwaukee Ave, a major thorough-fare that sees 32,900 vehicles per day. This investment allows for immediate cash flow and potentially a long-term covered land play for redevelopment.

Located in a market with high barriers to entry, this property presents a rare opportunity to acquire a cash-flowing asset with eventual upside.

At the current list price of $1,500,000, the investment is priced at a 10 percent CAP Rate with a Year-One (1) 13.71 percent Cash-on-Cash return.