1975 Melissa Lane

AURORA, IL 60506

$5,900,000

 
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
Original Price:
$6,500,000
Price Change:
9.2%
Price Per Sq Ft
$96.17

This listing 1975 Melissa Lane Aurora, Il 60506 is a office/tech listing on a lot of 175,111 sqft (or 4.02 acres). 1975 Melissa Lane was built in 2006. 1975 Melissa Lane is located in Aurora and in ZIP Code 60506. It has been listed on our site since Sep 12, 2017.

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