2570 - 2580 Foxfield Road For Sale with Office Space For Lease
Cawley Chicago has been retained as the exclusive advisor and agent to sell the 100% fee-simple interest in St. Charles Executive Center located in St. Charles, Kane County, Illinois. The two building, Class A office complex is comprised of a total of 77,822 SF and is currently 80.1% leased.
The buildings are considered best-in-class, providing high demand, quality office space in the prestigious community of St. Charles, Illinois. 2570 and 2580 Foxfield Road were built to institutional quality standards and completed in 2000 and 2001 respectively.
The two buildings are fairly identical, each comprised of three-stores with an ideal floor plan size for the submarket ranging from 12,500 to 14,700 SF on floors two and three. The lobbies are two-story atrium with center core elevators providing a true Class A image. Each building is 37,000 total SF.
St. Charles Executive Center has been maintained to the highest standards since being acquired in 2006 by a venture comprised of a private investor and insurance company. The offering provides new ownership with the unique opportunity to create value through increasing occupancy and raising rents to true market levels.
The St. Charles Executive Center buildings are located just west of Kirk Road and approximately one-quarter mile north of North Avenue (Main Street). The area surrounding the Kirk Road and North Avenue (Main Street) intersection contains the highest concentration of commercial space in this submarket. Access to 2570 and 2580 Foxfield is excellent and the location is considered the prime corridor for office space.
The City of St. Charles is situated in both DuPage and Kane Counties, in the State of Illinois. It lies roughly 40 miles west of Chicago on Illinois Route 64 and is located in the western portion of the East/West Corridor and is generally referred to as being part of the Tri-Cities submarket. The Tri-City area is a vernacular region that is situated between the large cities of Aurora and Elgin, Illinois, and encompasses the cities of Batavia, Geneva, and St. Charles. The Tri-Cities are made up of 123 buildings comprising approximately 3.5 million SF of office space. The current over-all vacancy for this niche submarket is 23.4%.
Sale Price: Undisclosed
Lease Price: $19.75/SF MG
Flexible sizes ranging from 1921sf up to 3282sf
Twin Class A office & medical buildings
Office & medical suites available
Prestigious high end finishes
Key Card Access
Nearby amenities include: Pheasant Run Resort, Downtown St. Charles, and DuPage Airport
Contact Tony Russo, Cawley Chicago Commercial Real Estate - 630-729-7935 for more information.
The City of St. Charles, IL is not party to or responsible for the sale, lease, contract negotiations, or any similar interaction regarding the property(ies) displayed on this page. The City provides the information contained on this page as a courtesy and is only for personal use strictly to help identify prospective properties you may be interested in purchasing/leasing. The City makes no representations or warranties as to the suitability of this information for any particular purpose. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. The City shall not be responsible and held harmless for any changes in sale or lease price, typographical errors, misinformation, and/or misprints.