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Centrum | 1811 - 1815 W. Diehl Road, Naperville, Illinois Offering Summary EXCLUSIVELY OFFERED BY: James K. Dunn Broker 630-487-2119 [email protected] Bryan Barus, CCIM, CPM Managing Broker 630-487-2111 [email protected]

Offering Summary - LoopNet › d2 › h0TPDzJS16tM78ux1DFx_tU9...Centrum Office Center, 1811-1815 W. Diehl, Naperville, IL 60563 Page 2 Executive Summary • Sale Price: $3,600,000.00

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Page 1: Offering Summary - LoopNet › d2 › h0TPDzJS16tM78ux1DFx_tU9...Centrum Office Center, 1811-1815 W. Diehl, Naperville, IL 60563 Page 2 Executive Summary • Sale Price: $3,600,000.00

Centrum | 1811 - 1815 W. Diehl Road, Naperville, Illinois

Offering Summary

EXCLUSIVELY OFFERED BY: James K. Dunn

Broker

630-487-2119

[email protected]

Bryan Barus, CCIM, CPM

Managing Broker

630-487-2111

[email protected]

Page 2: Offering Summary - LoopNet › d2 › h0TPDzJS16tM78ux1DFx_tU9...Centrum Office Center, 1811-1815 W. Diehl, Naperville, IL 60563 Page 2 Executive Summary • Sale Price: $3,600,000.00

Centrum Office Center, 1811-1815 W. Diehl, Naperville, IL 60563 Page 2

Executive Summary

• Sale Price: $3,600,000.00 • Price Per Square Foot: $103.85 • Projected 2019 NOI: $300,947

Centrum, located at 1811-1815 W. Diehl Rd. in Naperville, IL, was constructed in 1988 and consists of

two single-story, multi-tenant office buildings totaling 34,663 rentable square feet and situated on 3.06

acres. Centrum is 100% leased to fourteen (14) tenants.

Video

Tour

Page 3: Offering Summary - LoopNet › d2 › h0TPDzJS16tM78ux1DFx_tU9...Centrum Office Center, 1811-1815 W. Diehl, Naperville, IL 60563 Page 2 Executive Summary • Sale Price: $3,600,000.00

Centrum Office Center, 1811-1815 W. Diehl, Naperville, IL 60563 Page 3

Investment Highlights

SECURE INVESTMENT: Centrum is currently 100% occupied with quality local and national tenants with low near-

term rollover. Five (5) tenants, or 44% of the rentable square footage, have extended their leases within the last

12-months, further exemplifying their long-term commitment.

EXCELLENT LOCATION: Centrum is positioned within eyesight of the I-88 Illinois Route 59 full-interchange, within

ten miles of I-355, a 20-mile drive from I-55, I-294, I-290 and 30-miles drive from both O’Hare International

Airport and Midway International Airport. Centrum is also within close proximity to many hotel and restaurant

amenities.

AFFLUENT DEMOGRAPHICS: Money Magazine has consistently ranked Naperville among the top three ‘Best

Places to Live in America’ over the last decade. Average household income and house value within a five-mile

radius exceed $118,008 and $348,327 respectively.

PREMIERE SUBURBAN OFFICE MARKET: Naperville is home to several national and multi-national companies’

corporate headquarters. The Naperville-Lisle office submarket is known for attracting technology, energy, and

healthcare tenants.

Page 4: Offering Summary - LoopNet › d2 › h0TPDzJS16tM78ux1DFx_tU9...Centrum Office Center, 1811-1815 W. Diehl, Naperville, IL 60563 Page 2 Executive Summary • Sale Price: $3,600,000.00

Centrum Office Center, 1811-1815 W. Diehl, Naperville, IL 60563 Page 4

Property Details

Ownership: Fee Simple (Building & Land)

Parcel ID: O7-04-401-037

Address: 1811 - 1815 W. Diehl Road

City: Naperville

County: DuPage

State: Illinois

Zip Code: 60563

Land (Acres): 3.0639 acres

Land (SF): 133,464 SF

Built: 1988

Building Type: Two (2), One-Story, Masonry Office Buildings

RBA: 34,663 RSF

Quality: Class B

Use: Office

Zoning: I, (Office/Research/Development)

Parking: 113 asphalt-paved spaces

Parking Ratio: 3.25 (spaces/1,000-sf)

Page 5: Offering Summary - LoopNet › d2 › h0TPDzJS16tM78ux1DFx_tU9...Centrum Office Center, 1811-1815 W. Diehl, Naperville, IL 60563 Page 2 Executive Summary • Sale Price: $3,600,000.00

Centrum Office Center, 1811-1815 W. Diehl, Naperville, IL 60563 Page 5

Site Plan

Page 6: Offering Summary - LoopNet › d2 › h0TPDzJS16tM78ux1DFx_tU9...Centrum Office Center, 1811-1815 W. Diehl, Naperville, IL 60563 Page 2 Executive Summary • Sale Price: $3,600,000.00

Centrum Office Center, 1811-1815 W. Diehl, Naperville, IL 60563 Page 6

Centrum Photos

Page 8: Offering Summary - LoopNet › d2 › h0TPDzJS16tM78ux1DFx_tU9...Centrum Office Center, 1811-1815 W. Diehl, Naperville, IL 60563 Page 2 Executive Summary • Sale Price: $3,600,000.00

Centrum Office Center, 1811-1815 W. Diehl, Naperville, IL 60563 Page 8

Location Summary

45 Min |33

Located in Chicago’s western suburbs, Naperville, Illinois, consistently

ranks as a top community in the nation in which to live, raise children

and retire. This vibrant, thriving city is home to acclaimed public and

parochial schools, one of the best public library system’s in the

country, world-class parks, diverse worship options, an array of

healthcare options and an exceptionally low crime rate. Naperville

has ready access to a variety of public transportation, housing and

employment options. The city’s diversified employer base features

high technology firms, retailers and factories, as well as small and

home-based businesses. With all the amenities of a modern city and

all the charm of a small town, Naperville truly is the premiere

community in which to live, work and play.

DuPage County is a county in the state of Illinois, and one

of the collar counties of the Chicago metropolitan area.

As of the 2017, the population was 930,514, making it the

second most populous county in Illinois. DuPage County

also has a high socioeconomic profile and residents

of Hinsdale, Naperville and Oak Brook include some of

the wealthiest people in the Midwest. On the whole, the

county enjoys above average median household income

levels and low overall poverty levels when compared to

the national average.

Page 9: Offering Summary - LoopNet › d2 › h0TPDzJS16tM78ux1DFx_tU9...Centrum Office Center, 1811-1815 W. Diehl, Naperville, IL 60563 Page 2 Executive Summary • Sale Price: $3,600,000.00

Centrum Office Center, 1811-1815 W. Diehl, Naperville, IL 60563 Page 9

Demographics Population Summary 1 mile 3 miles 5 miles

2000 Total Population 7,257 49,451 148,159

2010 Total Population 8,169 59,073 173,301

2018 Total Population 8,476 61,097 178,213

2018 Group Quarters 149 1,014 2,958

2023 Total Population 8,598 61,969 180,577

2018-2023 Annual Rate 0.29% 0.28% 0.26%

2018 Total Daytime Population 13,078 86,096 207,850

Workers 9,412 59,197 125,041

Residents 3,666 26,899 82,809

2018 Population by Age

Total 8,475 61,097 178,213

0 - 4 6.7% 6.6% 6.6%

5 - 9 6.4% 6.6% 6.9%

10 - 14 5.7% 6.4% 7.2%

15 - 24 11.2% 11.5% 13.2%

25 - 34 18.9% 16.8% 14.5%

35 - 44 16.7% 15.2% 14.2%

45 - 54 11.1% 12.7% 13.5%

55 - 64 10.0% 11.5% 11.9%

65 - 74 6.7% 7.2% 7.3%

75 - 84 3.7% 3.3% 3.2%

85 + 2.9% 2.2% 1.5%

2023 Population by Age

Total 8,597 61,968 180,578

0 - 4 6.8% 6.6% 6.6%

5 - 9 6.0% 6.2% 6.6%

10 - 14 5.5% 6.0% 6.7%

15 - 24 11.1% 10.9% 12.5%

25 - 34 18.8% 17.6% 15.4%

35 - 44 16.7% 15.2% 14.4%

45 - 54 11.1% 11.9% 12.4%

55 - 64 9.3% 10.8% 11.5%

65 - 74 7.2% 8.3% 8.4%

75 - 84 4.3% 4.2% 4.0%

85 + 3.2% 2.3% 1.6%

Average Household Income

2018 $100,791 $116,382 $118,008

2023 $111,543 $128,620 $130,076

Average Home Value

2018 $284,067 $331,649 $348,327

2023 $313,605 $365,489 $379,265

Page 10: Offering Summary - LoopNet › d2 › h0TPDzJS16tM78ux1DFx_tU9...Centrum Office Center, 1811-1815 W. Diehl, Naperville, IL 60563 Page 2 Executive Summary • Sale Price: $3,600,000.00

Centrum Office Center, 1811-1815 W. Diehl, Naperville, IL 60563 Page 10

Contacts

For Additional Information:

James K. Dunn Broker

630-487-2119 [email protected]

Bryan Barus, CCIM, CPM

Managing Broker 630-487-2111

[email protected]

387 Shuman Blvd., Naperville, IL 60563 | www.suburbanrealestate.com | 630-778-1800