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Office Medical

Advanced Skin & MOHS Surgery Clinics

Two Executive Court, South Barrington, IL 60010

Listing Price: $787,613

Cap Rate
7.75%
Gross SF
3,425
Rentable SF
3,425
Price/Gross SF
$229.96
Occupancy
100.0%
Year Built
2000
Lot Size
1.45 acres

Investment Overview

Marcus & Millichap is pleased to present a 100 percent occupied medical condo in the affluent Chicago suburb of South Barrington, Illinois. The condo is occupied by Advanced Skin and MOHS Surgery Clinics founded by Dr. Clarence Brown in 1997. Since that time, the practice has grown to eight locations with more on the horizon. Dr. Brown is a highly accredited Dermatologic Surgeon and is the President-Elect of the Illinois Medical Society. He is joined in his practice by other dermatologists with different specialties making their practice highly sought after. The building and practice are ideally located in a very affluent area of the Chicago metropolitan statistical area (MSA). Current average household income within one mile of the property is over $270,000 and with a growing population, the location is poised to do very well. South Barrington is known not only for the affluence of the area but large homesites, restaurants, shopping and access to O'Hare International Airport.

Investment Highlights

  • 100 Percent Occupied Medical Condo
  • Dermatology Practice Founded in 1997 | Eighth Location
  • Three Percent Annual Rent Escalations
  • Two, Five-Year Options
  • Excellent Demographics | Average Household Income Over $270,000 Within One Mile
  • Minutes From Interstate 90

Exclusively Listed By

Office Medical

Advanced Skin & MOHS Surgery Clinics

Listing Price: $787,613

Cap Rate
7.75%
Gross SF
3,425
Rentable SF
3,425
Price/Gross SF
$229.96
Occupancy
100.0%
Year Built
2000
Lot Size
1.45 acres

Investment Highlights

  • 100 Percent Occupied Medical Condo
  • Dermatology Practice Founded in 1997 | Eighth Location
  • Three Percent Annual Rent Escalations
  • Two, Five-Year Options
  • Excellent Demographics | Average Household Income Over $270,000 Within One Mile
  • Minutes From Interstate 90

Investment Overview

Marcus & Millichap is pleased to present a 100 percent occupied medical condo in the affluent Chicago suburb of South Barrington, Illinois. The condo is occupied by Advanced Skin and MOHS Surgery Clinics founded by Dr. Clarence Brown in 1997. Since that time, the practice has grown to eight locations with more on the horizon. Dr. Brown is a highly accredited Dermatologic Surgeon and is the President-Elect of the Illinois Medical Society. He is joined in his practice by other dermatologists with different specialties making their practice highly sought after. The building and practice are ideally located in a very affluent area of the Chicago metropolitan statistical area (MSA). Current average household income within one mile of the property is over $270,000 and with a growing population, the location is poised to do very well. South Barrington is known not only for the affluence of the area but large homesites, restaurants, shopping and access to O'Hare International Airport.

Exclusively Listed By

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