1140 East Algonquin Road

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1140 East Algonquin Road

Algonquin, IL 60102
Asking Price
$692K
Cap Rate
8.25%
Asset Type
Medical Office Office
Class
Class B

What's Special

Office | 8.25% CAP | 4,433 SqFt <ul><li>​Single-tenant medical office investment leased to Diamond Physical Therapy, a well-established and respected outpatient rehabilitation provider with a long operating history and multiple locations serving Chicago's northwest suburban communities. The tenant's established regional presence and healthcare-focused use provide long-term stability within a necessity-based medical sector.</li><li>​The investment offers attractive built-in income growth through scheduled contractual rent escal

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NOI
$80,000
Cap Rate
11.55%
DSCR
1.95
Strong
Cash-on-Cash
18.72%
Monthly Payment
$3,425.667
Annual Cash Flow
$38,891.997

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