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Single-Tenant Office Medical

Adventist Bolingbrook Hospital MOB | UChicago Medicine & AdventHealth Subsidiary

15720 Illinois Rte 59, Plainfield, IL 60544

Listing Price: $1,720,000

Cap Rate
6.24%
Tenant Name
Adventist Bolingbrook Hospital
Years Remaining On Lease
4.8
Guarantor
Subsidiary of a Corporation
Rentable SF
7,119
Lease Type
Double Net
Rent Per Square Feet
$15.08

Investment Overview

Marcus & Millichap is pleased to present this single tenant NNN leased medical office building located at 15720 Illinois Rte 59 in Plainfield, IL. The property is 100% leased to Adventist Bolingbrook Hospital, a wholly owned subsidiary of the AA- credit rated UChicago Medicine & the AA credit rated AdventHealth. UChicago Medicine recently acquired a JV controlling interest in AdventHealth’s hospitals in this area (See Dropbox link for additional details).

Investment Highlights

  • 100% NNN Leased to Adventist Bolingbrook Hospital | Wholly Owned Subsidiary of the AA- Credit Rated UChicago Medicine & the AA Credit Rated AdventHealth
  • Located in the Chicago MSA | 9M+ Population & 3rd Largest MSA in the U.S.
  • Low PPSF for a Specialized Medical Office Building ($242/SF)
  • Attractive Demographics | $122K+ Average Household Incomes Within a 3 Mile Radius of the Subject Property

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    (630) 570-2200

    License(s) IL: 471.011175

    Illinois

Single-Tenant Office Medical

Adventist Bolingbrook Hospital MOB | UChicago Medicine & AdventHealth Subsidiary

Listing Price: $1,720,000

Cap Rate
6.24%
Tenant Name
Adventist Bolingbrook Hospital
Years Remaining On Lease
4.8
Guarantor
Subsidiary of a Corporation
Rentable SF
7,119
Lease Type
Double Net
Rent Per Square Feet
$15.08

Investment Highlights

  • 100% NNN Leased to Adventist Bolingbrook Hospital | Wholly Owned Subsidiary of the AA- Credit Rated UChicago Medicine & the AA Credit Rated AdventHealth
  • Located in the Chicago MSA | 9M+ Population & 3rd Largest MSA in the U.S.
  • Low PPSF for a Specialized Medical Office Building ($242/SF)
  • Attractive Demographics | $122K+ Average Household Incomes Within a 3 Mile Radius of the Subject Property

Investment Overview

Marcus & Millichap is pleased to present this single tenant NNN leased medical office building located at 15720 Illinois Rte 59 in Plainfield, IL. The property is 100% leased to Adventist Bolingbrook Hospital, a wholly owned subsidiary of the AA- credit rated UChicago Medicine & the AA credit rated AdventHealth. UChicago Medicine recently acquired a JV controlling interest in AdventHealth’s hospitals in this area (See Dropbox link for additional details).

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    (630) 570-2200

    License(s): IL: 471.011175

    Illinois

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