Office Medical
Northshore Medical & Learning Center
8930 Gross Point Rd, Skokie, IL 60077
Listing Price: $8,250,000
Investment Overview
The JRA Office and Industrial Group of Marcus & Millichap is pleased to present this Northshore Medical and Professional Center. This single-story office property is 94.2 percent occupied, with 51.1 percent of the property consisting of medical tenants. In-place 9.66 percent CAP rate with a year one 11.64 percent cash-on-cash return. Located at 8930–8950 Gross Point Road in Skokie, Illinois, this offering presents a compelling opportunity to acquire a well-located, multi-tenant medical and professional office asset in the highly desirable North Shore of Chicago.
Exclusively Listed By
Financing By
Listing Price: $8,250,000
Investment Highlights
- DaVita Dialysis has Been a Tenant in the Building Since 2007
- 94.2 Percent Occupied, 51.1 Percent of Which are Medical or Medical-Related Tenants
- In-Place 9.66 Percent CAP Rate with a Year One Cash-on-Cash Return of 11.64 Percent
Investment Overview
The JRA Office and Industrial Group of Marcus & Millichap is pleased to present this Northshore Medical and Professional Center. This single-story office property is 94.2 percent occupied, with 51.1 percent of the property consisting of medical tenants. In-place 9.66 percent CAP rate with a year one 11.64 percent cash-on-cash return. Located at 8930–8950 Gross Point Road in Skokie, Illinois, this offering presents a compelling opportunity to acquire a well-located, multi-tenant medical and professional office asset in the highly desirable North Shore of Chicago.
Exclusively Listed By
Financing By
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