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Single-Tenant Vacant-User

Dark Duly Medical / Owner User Possibility

2310 Dean St, St. Charles, IL 60175

Listing Price: $1,708,000

Cap Rate
11.00%
Tenant Name
Duly Medical
Years Remaining On Lease
2.5
Guarantor
Corporate Guarantee
Rentable SF
6,678
Lease Type
Double Net
Rent Per Square Feet
$28.14

Investment Overview

This dark net-leased medical property offers nearly two years of passive income, backed by a corporate guarantee from DuPage Medical Group, LTD and a three percent annual rent increase. With no out-of-pocket carry costs, investors can generate cash flow while planning for future redevelopment or owner-use. Located in affluent St. Charles, where household incomes top $171,000 and population growth is strong. The property sits in a professional business park surrounded by medical, office and industrial tenants. Its prime location near Randall Road provides high visibility and access to major retailers, restaurants, and healthcare destinations, including Costco, Geneva Commons, and Northwestern Medicine Delnor Hospital.

Investment Highlights

  • Nearly Two Years Remaining on a Dark, Net Leased Medical Tenant
  • Redevelopment Opportunity or Owner-User Possibility
  • Corporate Guarantee by DuPage Medical Group, LTD
  • Scheduled Three Percent Annual Rental Increases
  • The Subject Property is Part of the Timber Ridge Professional Park | The Area has an Abundance of Medical Offices, Professional Offices, and Industrial Buildings
  • Average Household Income Ranges from $140,427 to $171,366 within a One to Five Mile Radius
  • Strategically Positioned in a High-Traffic, Amenity-Rich Corridor Surrounded by Premier Retail, Entertainment and Healthcare Destinations

Exclusively Listed By

  • Sean R. Sharko

    Senior Managing Director Investments

    (630) 570-2238

    Email Sean

    License(s): IL: 471.010712

    Chicago Oak Brook

  • Austin Weisenbeck

    Senior Managing Director Investments

    (630) 570-2169

    Email Austin

    License(s): IL: 475.140200

    Chicago Oak Brook

Financing By

Single-Tenant Vacant-User

Dark Duly Medical / Owner User Possibility

Listing Price: $1,708,000

Cap Rate
11.00%
Tenant Name
Duly Medical
Years Remaining On Lease
2.5
Guarantor
Corporate Guarantee
Rentable SF
6,678
Lease Type
Double Net
Rent Per Square Feet
$28.14

Investment Highlights

  • Nearly Two Years Remaining on a Dark, Net Leased Medical Tenant
  • Redevelopment Opportunity or Owner-User Possibility
  • Corporate Guarantee by DuPage Medical Group, LTD
  • Scheduled Three Percent Annual Rental Increases
  • The Subject Property is Part of the Timber Ridge Professional Park | The Area has an Abundance of Medical Offices, Professional Offices, and Industrial Buildings
  • Average Household Income Ranges from $140,427 to $171,366 within a One to Five Mile Radius
  • Strategically Positioned in a High-Traffic, Amenity-Rich Corridor Surrounded by Premier Retail, Entertainment and Healthcare Destinations

Investment Overview

This dark net-leased medical property offers nearly two years of passive income, backed by a corporate guarantee from DuPage Medical Group, LTD and a three percent annual rent increase. With no out-of-pocket carry costs, investors can generate cash flow while planning for future redevelopment or owner-use. Located in affluent St. Charles, where household incomes top $171,000 and population growth is strong. The property sits in a professional business park surrounded by medical, office and industrial tenants. Its prime location near Randall Road provides high visibility and access to major retailers, restaurants, and healthcare destinations, including Costco, Geneva Commons, and Northwestern Medicine Delnor Hospital.

Exclusively Listed By

  • Sean R. Sharko

    Senior Managing Director Investments

    (630) 570-2238

    Email Sean

    License(s): IL: 471.010712

    Chicago Oak Brook

  • Austin Weisenbeck

    Senior Managing Director Investments

    (630) 570-2169

    Email Austin

    License(s): IL: 475.140200

    Chicago Oak Brook

Financing By

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