3 MILES FROM ASCENSION HOSPITAL - Short-Term acute care hospital with 129 beds.
HEAVILY TRAFFICKED SUBURBAN LOCATION - The site is next to the intersection of S. Dixon Road and W. Lincoln Road, both major thoroughfares seeing a combined 23,081 vehicles per day.
BELOW MARKET RENT – The Leases feature annual rents of $10.11-$14.24 PSF, which sit below the submarket’s average asking medical rental rate of $15-$18 PSF, creating attractive residual value and positioning the property well for the prospect of a new tenant.
BEST-IN-CLASS INVESTMENT GRADE OPERATORS – American Health Network is a part of Optum, the fast growing part of UnitedHealth Group (A2 Moody's). Ascension is one of the largest private healthcare systems in the United States ranking third in the United States by number of hospitals as of 2021.
SYNERGISTIC MEDICAL CAMPUS TENANT MIX – The Property is within the well-known Lincoln Medical Park, which offers an array of medical tenants.
RECENT TENANT IMPROVEMENTS - The Property's interior has been recently renovated to feel up-to-date and consistent with the high standards patients expect.