Investment Overview

Marcus & Millichap is pleased to offer qualified investors the opportunity to acquire a Jewel-Box of a Dental /Office Building investment in Downtown Northbrook, IL. Tenants include Five distinct and longstanding Dental & Orthodontic Practices, a Huntington Bank Retail Lobby location, and THE local family Jewelry Store, Franz Jewelers, LTD., serving the Northbrook-area community for 60 years. The strong and “sticky” Dental Practice Rent Roll bodes well for the longevity of cash flow as the orthodontic patients are local to this Northbrook, IL demographic. The Huntington Bank Lobby location is also one of its busiest in the area. The investment could also be viewed as a long-term covered land play, as the value of this location in the downtown area of Northbrook, IL just steps away from the Northbrook Commuter Rail Station, Village Hall, the Northbrook Library and numerous downtown Restaurants and Retailers will undoubtedly continue to appreciate in value. This 18,000 Square-Feet, three-story office building sits on almost a full acre of downtown Northbrook land fronting on Meadow Street. The building is currently 94 percent occupied with only one vacant suite in the building comprising 6 percent of the leasable area which was just recently vacated, and is comprised of Move-In-Ready Medical Space with sinks and plenty of light with corner windows. Ownership is currently entertaining RFPs for a potential new tenant, which would make the building 100% occupied. Basement storage area is available to the building’s tenants for rent. Parking is ample for the building and wraps around the North, West and South sides of the building with additional Meadow Road Parking available along the Eastern Meadow Road frontage. This is a unique and rare opportunity to control a piece of Downtown Northbrook, IL.