retail | office building for sale & lease...office | retail building for sale & lease autumn...

Office | Retail Building for Sale & Lease

AUTUMN [email protected]

BILL [email protected]

CATON COMMERCIAL REAL ESTATE GROUP / / 1296 RICKERT DR, SUITE 200, NAPERVILLE, IL 60540 // CATONCOMMERCIAL.COM

RETAIL | OFFICE BUILDINGFOR SALE & LEASE

14710 S . NAPERVILLE ROAD, PLA INF IELD, I L 60544

PRESENTED BY:

O: 815.370.1236C:E: [email protected]

BILL CATON

Senior Vice PresidentO: 574.707.5434C: 574.707.5434E: [email protected]

AUTUMN PSAROS

1 4 7 1 0 S . N A P E R V I L L E R O A D , P L A I N F I E L D , I L 6 0 5 4 4

OFFICE | RETAIL BUILDING FOR SALE


P 2 / / TABLE OF CONTENTS

All materials and information received or derived from Caton Commercial Real Estate Group itsdirectors, officers, agents, advisors, affiliates and/or any third party sources are provided withoutrepresentation or warranty as to completeness , veracity, or accuracy, condition of the property,compliance or lack of compliance with applicable governmental requirements, developability orsuitability, financial performance of the property, projected financial performance of the propertyfor any party’s intended use or any and all other matters.

Neither Caton Commercial Real Estate Group its directors, officers, agents, advisors, or affiliatesmakes any representation or warranty, express or implied, as to accuracy or completeness of theany materials or information provided, derived, or received. Materials and information from anysource, whether written or verbal, that may be furnished for review are not a substitute for a party’sactive conduct of its own due diligence to determine these and other matters of significance tosuch party. Caton Commercial Real Estate Group will not investigate or verify any such matters orconduct due diligence for a party unless otherwise agreed in writing.

EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUEDILIGENCE.

Any party contemplating or under contract or in escrow for a transaction is urged to verify allinformation and to conduct their own inspections and investigations including through appropriatethird party independent professionals selected by such party. All financial data should be verifiedby the party including by obtaining and reading applicable documents and reports and consultingappropriate independent professionals. Caton Commercial Real Estate Group makes no warrantiesand/or representations regarding the veracity, completeness, or relevance of any financial data orassumptions. Caton Commercial Real Estate Group does not serve as a financial advisor to anyparty regarding any proposed transaction. All data and assumptions regarding financialperformance, including that used for financial modeling purposes, may differ from actual data orperformance. Any estimates of market rents and/or projected rents that may be provided to a partydo not necessarily mean that rents can be established at or increased to that level. Parties mustevaluate any applicable contractual and governmental limitations as well as marketconditions,vacancy factors and other issues in order to determine rents from or for the property.

Legal questions should be discussed by the party with an attorney. Tax questions should bediscussed by the party with a certified public accountant or tax attorney. Title questions should bediscussed by the party with a title officer or attorney. Questions regarding the condition of theproperty and whether the property complies with applicable governmental requirements should bediscussed by the party with appropriate engineers, architects, contractors, other consultants andgovernmental agencies. All properties and services are marketed by Caton Commercial RealEstate Group in compliance with all applicable fair housing and equal opportunity laws.

CONTENTS CONFIDENTIAL ITY & D ISCLAIMER


EXECUTIVE SUMMARY

PROPERTY OVERVIEW

Caton Commercial Real Estate is pleased to bring to market Riverview Center. This office/retail purchase opportunityis located on Naperville Rd just east of Rte 59, in Plainfield, IL, Riverview Center is centrally located within the city ofPlainfield, proximal to downtown Plainfield as well as the I-55 Interchange. Plainfield is in Will County approximately 35miles southwest of downtown Chicago.

The building is approximately 6,000 SF and was originally built for DuPage Medical Group as a general practice office.There are two suites occupied by Beacon Financial Services and a Montessori school. The space formerly occupiedby DuPage Medical has been impeccably maintained and offers 3,470 square feet of built-out medical office spacewhich can be easily sub-divided to accommodate multiple tenants if desired. The property has tremendous value-addopportunity through lease-up of the vacant 3,470 square feet which could be leased or utilized by an owner/occupier.

There are over 32,358 residents within a three-mile radius of the property with an average household income of$105,808. The property has excellent visibility from Naperville Road, prominent facade and monument signage andample parking available. Property backs to park and walking trail.

Ideal for medical, office or retail. Can easily be sub-divided.

INVESTMENT OVERVIEW

Sale Price: $897,000

Building Size: 6,000 SF

Price Per SF: $149.50

Nearest Cross

Streets:

Naperville Rd. &

Rte. 59


P 3 / / INVESTMENT OVERVIEW


P 4 / / PROPERTY DETAILS

PROPERTY NAME: Riverview Center

PROPERTY ADDRESS: 14710 S. Naperville Road

Plainfield, IL 60544

Will County

PROPERTY TYPE: Retail | Office

multi-tenant

APN: 06-03-10-108-008-0000

LOT SIZE: .72 Acres

BUILDING CLASS: B

ZONING: Municipal

CROSS STREETS: Naperville Rd and Rte 59

FOUNDATION/WALLS: Concrete/Brick

NUMBER OF UNITS: 2 (can be sub-divided)


PROPERTY DETAIL


P 5 / / SITE PLAN


FLOOR PLAN - 4,700 SF


P 6 / / ADDITIONAL PHOTOS

Monument signage

14710 Building

14710, Suite 104


PROPERTY OVERVIEW


P 7 / / LOCATION MAPS


LOCATION OVERVIEW


P 8 / / CITY INFORMATION

City Highlights• Highest median household income for populations

over 40,000 in the State of Illinois. ($111,536 –American Community Survey, U.S. Census Bureau)

• A proven low and steady tax rate by continuallystriving to diversify the tax base

• Established and successful commercial corridorswith development opportunities

• A historic downtown that is a recognizeddestination location for shopping and dining

Plainfield, IL

Plainfield is a prosperous and bustling Village, located 35 miles southwest of Chicago, with a population of 39,581residents. Easily accessible, the Village is close to several interstates and state highways making it an excellentplace to live, own a business, or simply spend the day shopping and dining in our historic downtown.

Downtown Plainfield, which is the heart of the community, is a vibrant, pedestrian-focused destination forshopping, dining, and entertainment. Each year, the downtown is home to a number of special eventsincluding Plainfield Fest, classic car nights, movies, and concerts. Plainfield is also home to the Lake RenwickHeron Rookery, numerous historic districts and landmarks, a wonderful park and trail system, and the DuPageRiver which provides numerous outdoor recreational opportunities.

At the crossroads of the historic Lincoln Highway and Route 66, Plainfield continues to build upon its already richhistory, and the Village Government is well positioned to accommodate growth and welcomes new commercialand industrial development to help parallel the success of its residential expansion.

MARKET OVERVIEW


P 9 / / DEMOGRAPHICS MAP

* Demographic data derived from 2010 US Census

POPULATION 3 MILES 5 MILES 10 MILES

TOTAL POPULATION 32,358 142,582 559,526

MEDIAN AGE 34.9 33.0 34.0

MEDIAN AGE (MALE) 33.7 32.0 33.1

MEDIAN AGE (FEMALE) 36.3 33.7 34.9

HOUSEHOLDS & INCOME 3 MILES 5 MILES 10 MILES

TOTAL HOUSEHOLDS 9,818 42,692 181,349

# OF PERSONS PER HH 3.3 3.3 3.1

AVERAGE HH INCOME $105,808 $97,323 $94,223

AVERAGE HOUSE VALUE $303,563 $274,616 $300,786


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retail | office building for sale & lease...office | retail building for sale & lease autumn...

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