Single-Tenant Office Medical
Fresenius Medical Care Lemont
16177 W 127th St, Lemont, IL 60439
Listing Price: $3,431,000
Investment Overview
Corporately guaranteed, build-to-suit Fresenius Medical Care dialysis facility, delivered in 2016 and secured by a double-net (NN) lease with more than five years of initial term remaining. The lease features 1.7 percent annual rent escalations and three additional five-year renewal options.
The property is located in a Certificate of Need (CON) state with the nearest competing dialysis center located nearly eight miles away, creating a protected trade area with strong long-term patient demand and limited competition. It benefits from immediate proximity to multiple major hospital systems and a dense senior-oriented population base. The surrounding submarket is highly affluent and densely populated, with more than 105,000 residents within a five-mile radius and average household incomes exceeding $155,000 within one mile.
Investment Highlights
- Corporately Guaranteed | Build-To-Suit for Fresenius in 2016
- Over Five Years of Firm Term Remaining on Original 15-Year Double-Net Lease
- In-Center Hemodialysis Clinic Located within a Certificate of Need State
- Half a Mile from Advocate Good Samaritan Outpatient Center and Immediate Care
- Seven Miles from UChicago Medicine AdventHealth Bolingbrook (138 Beds) | Nine Miles from Silver Cross Hospital (348 Beds) | 13 Miles from Edward Hospital (359 Beds)
- Average Household Income of $155,265 within One Mile
Listing Price: $3,431,000
Investment Highlights
- Corporately Guaranteed | Build-To-Suit for Fresenius in 2016
- Over Five Years of Firm Term Remaining on Original 15-Year Double-Net Lease
- In-Center Hemodialysis Clinic Located within a Certificate of Need State
- Half a Mile from Advocate Good Samaritan Outpatient Center and Immediate Care
- Seven Miles from UChicago Medicine AdventHealth Bolingbrook (138 Beds) | Nine Miles from Silver Cross Hospital (348 Beds) | 13 Miles from Edward Hospital (359 Beds)
- Average Household Income of $155,265 within One Mile
Investment Overview
Corporately guaranteed, build-to-suit Fresenius Medical Care dialysis facility, delivered in 2016 and secured by a double-net (NN) lease with more than five years of initial term remaining. The lease features 1.7 percent annual rent escalations and three additional five-year renewal options. The property is located in a Certificate of Need (CON) state with the nearest competing dialysis center located nearly eight miles away, creating a protected trade area with strong long-term patient demand and limited competition. It benefits from immediate proximity to multiple major hospital systems and a dense senior-oriented population base. The surrounding submarket is highly affluent and densely populated, with more than 105,000 residents within a five-mile radius and average household incomes exceeding $155,000 within one mile.