Healthcare    

OSF Healthcare

 Dwight, Illinois

Asking Price

$3,950,000

Cap Rate

6.00%

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Building Size

8,127 SF

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Expense Structure

NNN

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Lease Term Remaining

10.3 Years

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Property Use

Primary Care

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Year Built

2017

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Land Size

2.31 Acres

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INVESTMENT HIGHLIGHTS

  • INVESTMENT GRADE TENANT - OSF Healthcare is a non-profit health care system with 15 hospitals, more than 157 location sites of care and 1,159  employed physicians. OSF Healthcare holds an investment grade rating of A+ from Fitch.
  • HIGHLY SOUGHT-AFTER LEASE STRUCTURE - OSF Healthcare is operating under a NNN lease with over ten (10.3) years remaining. The lease has two percent (2%) annual rent escalations and two (2), five (5) year renewal options. The passive nature of the NNN lease offers limited landlord responsibilities. All of the above attributes provide investors with a safeguard against inflation.
  • CENTRALIZED LOCATION WITH ACCESS TO MAJOR CITIES IN ILLINOIS - The Property is located in Dwight, which is halfway between two major cities in Illinois: Chicago, and Peoria. The Property is conveniently located directly off of Interstate 55 which allows for ease of travel for potential patients traveling from the surrounding cities as well as access to dense populations.
  • HEALTHCARE FOR AN AGING POPULATION – Medicare beneficiaries are expected to reach over 80 million in the coming years. The demand for healthcare is increasing and the aging population fits OSF Healthcare's ideal target patient, which should provide an additional boost of confidence for the tenant's long-term success. 

 


Exclusively Listed By

Toby Scrivner

Senior Vice President
  tscrivner@northmarq.com      918.794.9554

Jeff Matulis

Senior Vice President
  jmatulis@northmarq.com      918.794.9525

Christian Vaughan

Vice President
  cvaughan@northmarq.com      918.794.9544

In Association With

Tom Fritz

Illinois Lic. #471018602

Northmarq

6120 South Yale Ave | Suite 300
Tulsa, Oklahoma 74136


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