Portfolio Project
La Grange Professional Center
The Story
Purchased during the Great Recession of 2008, this existing property provided a great skeleton with which to work and make improvements. With a $1 million remodeling budget, the 1950’s building was brought into the 21st Century with an elevator, new mechanicals, roof and windows. Located in a thriving community the building was easily leased to medical tenants and has remained 100% leased for 12 years, providing investors with 10% annual returns on investment plus tremendous appreciation.
The Details
Acquisition Price: $1,850,000
Amount Invested: $1,000,000
Total Investment: $2,850,000
Sale Price / Value: $7,250,000
Profit: $4,400,000
Total Return on Investment: 154%
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Additional Properties
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Tempe Crossings
The Story Tempe Crossings is a 30,408 square foot 2-story office property built in 1986. Interior and exterior renovations are to begin in Spring 2026. The site encompasses approximately 1.35 acres and is located along the south side of Baseline Road, just west of Mill Avenue, offering tenants close proximity to many retail and restaurant
