dimond brothers building

Office for Sale
Catylist Listing ID: 30369726
Property Subtypes: Institutional, Medical, Flex Space, Office Building
Building Size (RSF): 10,000 SF
Gross Land Area: 0.88 Acres
Sale Price: $440,000
Unit Price: $44 PSF
Property Use Type: Vacant/Owner-User
Building Name: dimond brothers insurance
Class of Space: Class A
Usable Size (USF): 10,000 SF
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 9/10/2020

Overview / Comments

10000 sf F building for sale, owner will lease back 1/2 at $ 5.09/SF net or $2100 per month. Project $7 per SF on vacant space. Many upgrades. There is also a duplex on the property that can be sold separately. The duplex must sell first. See attached pro forma. THE BUSINESS IS NOT FOR SALE.

Additional Details

Nearest MSA: Freeport
County: Stephenson
Taxing Authority: Stephenson County
Tax ID/APN: 18-14-31-153-026&033
Property Visibility: Excellent
Highway Access: us hiway 26
Airports: freeport municipal, rockford regional
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 10,000 SF
Year Built: 1940
Year Renovated: 2010
Roof Type: Hip
Parking Type: Surface
Parking Description: parking for 40 cars
Total Parking Spaces: 40
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Evaporative Cooler
Lot Frontage: 110
Lot Depth: 231
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: fee simple

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,980 27,536 31,243
Median Age: 35.5 41.99 42.58
Households: 4,566 11,848 13,309


Photograph of Listing Agent

Brian Borchardt

A-1 Agency ICEx Member
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