Single-Tenant Office Medical

Fresenius Medical Care

2601 S Harlem Ave, Berwyn, IL 60402

Listing Price: $4,093,000

Cap Rate
6.57%
Tenant Name
Fresenius Medical Care
Years Remaining On Lease
5.00
Gross SF
11,918
Guarantor
Corporate Guarantee
Rentable SF
11,918
Price/Gross SF
$343.43
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$22.56

Investment Overview

The Deltondo Group and Marcus & Millichap are pleased to present for sale Fresenius Medical Care a single-tenant property located at 2601 South Harlem Avenue, Berwyn, Illinois 60402. The subject property is comprised of 11,918 square feet built in 1962 and renovated in 1999. The building sits on a large 40,510 Square Foot lot located at the intersection of South Harlem Avenue & West 26th Street overseeing 41,000+ Vehicles Per Day. Fresenius Medical Care benefits from a substantial built-in customer base with a population of 230,000+ & 80,126+ households in a 3-mile radius, as well as an average household income of $84,735. The strategic location of Fresenius Medical Care is situated just 1.2 miles from MacNeal Hospital with 374 bed capacity. Fresenius Medical Care (NYSE: FMS) is the world’s leading provider of products and services for people with chronic kidney failure. Around 3.5 million patients worldwide with this disease regularly undergo dialysis treatment. Dialysis is a life-saving blood cleansing procedure that substitutes the function of the kidney in case of kidney failure. Fresenius Medical Care cares for more than 347,000 patients in a global network of more than 4,000 dialysis clinics. At the same time, they operate 45 production sites in more than 202 countries, to provide dialysis products such as dialysis machines, dialyzers and related disposables.

Investment Highlights

  • Long Term Passive Income: Fresenius Medical Care has Occupied the Building for 20+ Years with 5 Years Remaining on the Current Lease and Two, 5 Year Options to Extend
  • Near The Regions Major Hospital: MacNeal Hospital with 374 Bed Capacity Resides only 1.2 Miles from Fresenius Medical Care
  • Directly Across the Street From Costco & North Riverside Park Mall: 1.1 Million Square Foot Mall Anchored by JC Penny

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    License(s): IL: 471.011175

    Illinois

Single-Tenant Office Medical

Fresenius Medical Care

Listing Price: $4,093,000

Cap Rate
6.57%
Tenant Name
Fresenius Medical Care
Years Remaining On Lease
5.00
Gross SF
11,918
Guarantor
Corporate Guarantee
Rentable SF
11,918
Price/Gross SF
$343.43
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$22.56

Investment Highlights

  • Long Term Passive Income: Fresenius Medical Care has Occupied the Building for 20+ Years with 5 Years Remaining on the Current Lease and Two, 5 Year Options to Extend
  • Near The Regions Major Hospital: MacNeal Hospital with 374 Bed Capacity Resides only 1.2 Miles from Fresenius Medical Care
  • Directly Across the Street From Costco & North Riverside Park Mall: 1.1 Million Square Foot Mall Anchored by JC Penny

Investment Overview

The Deltondo Group and Marcus & Millichap are pleased to present for sale Fresenius Medical Care a single-tenant property located at 2601 South Harlem Avenue, Berwyn, Illinois 60402. The subject property is comprised of 11,918 square feet built in 1962 and renovated in 1999. The building sits on a large 40,510 Square Foot lot located at the intersection of South Harlem Avenue & West 26th Street overseeing 41,000+ Vehicles Per Day. Fresenius Medical Care benefits from a substantial built-in customer base with a population of 230,000+ & 80,126+ households in a 3-mile radius, as well as an average household income of $84,735. The strategic location of Fresenius Medical Care is situated just 1.2 miles from MacNeal Hospital with 374 bed capacity. Fresenius Medical Care (NYSE: FMS) is the world’s leading provider of products and services for people with chronic kidney failure. Around 3.5 million patients worldwide with this disease regularly undergo dialysis treatment. Dialysis is a life-saving blood cleansing procedure that substitutes the function of the kidney in case of kidney failure. Fresenius Medical Care cares for more than 347,000 patients in a global network of more than 4,000 dialysis clinics. At the same time, they operate 45 production sites in more than 202 countries, to provide dialysis products such as dialysis machines, dialyzers and related disposables.

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    License(s): IL: 471.011175

    Illinois

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