1975 Melissa Lane

AURORA, IL 60506

$6,500,000

 
MLS# 09748290


Description

Approx. 61,347 sf bldgon 4.027 acres that is part medical center/therapeutic space & part health club space: Built in 2006 100% leased, 2 unit w/214 surface parking spaces; Appraised for $8M in 2009, when both tenants were fully performing; Health club space is approx. 48,937 sf (79.77%); Health Club tenant is paying a reduced rent at this time by mutual agreement between Landlord and Tenant which is less than what is due per the terms of the lease; Health club space features mostly open space for exercise areas, a pool, a basketball court& a minor amount of office space on the 2nd fl; Therapeutic space is approx. 12,410 sf (20.23%) Therapeutic space is leased through 9/30/2021; hospital tenant is paying on time and in full, per terms of the lease; Therapeutic space features mostly office & conference room/classroom space & open rehabilitation areas. The health club portion of the bldg could also be used as a rehab center or sports facility; reconfigured for use as self-storage.
Listed:
09/12/17
Price Per Sq Ft
$105.95

Presented By

Pat Cohen

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  • Cell312.415.8000
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Listing Office: Auction Works

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