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INVESTMENT HIGHLIGHTS
No Early Termination or Kick-Out Clause | Free from early termination options or early kick-out clauses during the initial and any exercised option terms
Leading Operator | Fresenius, 4,116 Clinics, 344,000 Patients
Insulated from Macroeconomic Changes | +/-90% of Fresenius' Patients Covered Under Government Program
Long-Term Lease | The lease has more than ten (10) years of initial lease term remaining with three (3), five (5) year renewal options.
Passive Expense Structure | Minimal responsibilities for repair, replacement or maintenance of roof, structure, and HVAC in excess of $3,000 annually.
Rent Growth | The lease provides for 1.75% annual rental increases throughout the initial and option terms.
Densely Populated Area | The Property is located in a densely populated and above average-income area of Chicago with 119,000 in population earning an average HHI in excess of $61,000 annually (5 mi.).
Top MSA | East Chicago is located 18 miles south of downtown Chicago and is a part of the third largest MSA in the U.S., one that includes nearly 9.6 million people.
