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Shopping Strip

100% Occupied Medical Tenant Center | Infill Location

4928-5000 W 95th St, Oak Lawn, IL 60453

Listing Price: $5,090,000

Cap Rate
7.75%
Gross SF
21,085
Rentable SF
21,085
Price/Gross SF
$241.40
Lot Size
1.49 acres
Year Built
1948

Investment Overview

Marcus & Millichap is pleased to exclusively present a 100% occupied medical tenant center in a prime retail corridor. Suites feature substantial build-out dollars invested by tenants. Tenants’ specialties include dental, cardiovascular, eyecare, surgery, and more. Over 33,000 vehicles pass subject property per day, with a new stop light conveniently added next to property. There is a stable tenant roster with replaceable rents and a diverse income stream, no single tenant accounts for more than 21% of income. Suites range from 1,200 to 4,500 square feet in separately parceled buildings, allowing for a breakup strategy. Subject property surrounded by strong drivers. Advocate Christ Medical Center, a 788-bed premier teaching institution with more than 1,500 affiliated physicians, is half a mile from subject property. The population exceeds 182,000 people within a three-mile radius. Other major drivers in the area include a Metra Station, Oak Lawn Community High School (1,867 Students), Target, Home Depot, Jewel-Osco, Amazon, and more.

Investment Highlights

  • Opportunity to Acquire 100% Medical Tenant Center in a Prime Retail Corridor | Suites Feature Substantial Build-Out Dollars Invested by Tenants
  • Traffic Counts Exceed 33,000 Vehicles per Day on 95th Street | Full Ingress/Egress
  • Stable Tenant Roster with Replaceable Rents | Diverse Income Stream | No Single Tenant Accounts for More than 21% of Income
  • Located Half a Mile from Advocate Christ Medical Center | 788-Bed Premier Teaching Institution with Over 1,500 Affiliated Physicians
  • Infill Location with Strong Surrounding Drivers | Population Exceeds 182,000 People within a Three Mile Radius
  • Located Less than 1,000 Feet from the Southwest Service Line Metra Station
  • Adjacent to Major Retailers Including Target, The Home Depot, Jewel-Osco (Albertsons), Amazon and More

Exclusively Listed By

Financing By

Shopping Strip

100% Occupied Medical Tenant Center | Infill Location

Listing Price: $5,090,000

Cap Rate
7.75%
Gross SF
21,085
Rentable SF
21,085
Price/Gross SF
$241.40
Lot Size
1.49 acres
Year Built
1948

Investment Highlights

  • Opportunity to Acquire 100% Medical Tenant Center in a Prime Retail Corridor | Suites Feature Substantial Build-Out Dollars Invested by Tenants
  • Traffic Counts Exceed 33,000 Vehicles per Day on 95th Street | Full Ingress/Egress
  • Stable Tenant Roster with Replaceable Rents | Diverse Income Stream | No Single Tenant Accounts for More than 21% of Income
  • Located Half a Mile from Advocate Christ Medical Center | 788-Bed Premier Teaching Institution with Over 1,500 Affiliated Physicians
  • Infill Location with Strong Surrounding Drivers | Population Exceeds 182,000 People within a Three Mile Radius
  • Located Less than 1,000 Feet from the Southwest Service Line Metra Station
  • Adjacent to Major Retailers Including Target, The Home Depot, Jewel-Osco (Albertsons), Amazon and More

Investment Overview

Marcus & Millichap is pleased to exclusively present a 100% occupied medical tenant center in a prime retail corridor. Suites feature substantial build-out dollars invested by tenants. Tenants’ specialties include dental, cardiovascular, eyecare, surgery, and more. Over 33,000 vehicles pass subject property per day, with a new stop light conveniently added next to property. There is a stable tenant roster with replaceable rents and a diverse income stream, no single tenant accounts for more than 21% of income. Suites range from 1,200 to 4,500 square feet in separately parceled buildings, allowing for a breakup strategy. Subject property surrounded by strong drivers. Advocate Christ Medical Center, a 788-bed premier teaching institution with more than 1,500 affiliated physicians, is half a mile from subject property. The population exceeds 182,000 people within a three-mile radius. Other major drivers in the area include a Metra Station, Oak Lawn Community High School (1,867 Students), Target, Home Depot, Jewel-Osco, Amazon, and more.

Exclusively Listed By

Financing By

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