- For sale
Colliers has been retained as the exclusive agent to sell Deerfield Business Center, 1101-1121 Lake Cook Road, Deerfield, Illinois (the “Property”). The Property is comprised of two single-story, multi-tenant office buildings. The 1101 Building is 21,138 square feet and is ideal for an owner/user with 18,139 square feet available immediately and the balance available within one year. This building also offers signage rights visible to Lake Cook Road.
The 1121 Building is 20,957 square feet and is a great investor opportunity with 64.6% occupancy to seven long-standing tenants ranging from 832 to 3,141 square feet. There is upside potential in leasing the remaining three vacant units. Rent collections have been maintained despite the COVID-19 pandemic, which highlights the quality of the tenancy, good ownership practices, and the resiliency of single-story office product.