3210 Grand Ave - Medical FOR SALE
Waukegan, IL 60085 |
3210 Grand Ave
Waukegan, IL 60085
HIGHLIGHTS
- High-Quality Healthcare Asset – This an ideal investment opportunity for investors looking to complement their existing portfolio
- Inflationary Protected Lease – This lease features above-market, 3% annual rent increases, providing a major cash flow boost
- Passive NNN Lease – This building features a NNN lease with minimal landlord responsibilities, providing a passive investment vehicle
- Industry-Leading National Operator – Oak Street Health operates 169 healthcare facilities across 21 states and is the chosen provider of AARP
- High Growth Company – Oak Street Health’s revenue grew 62% year over year for calendar year 2021.
- Humana Inc. Partnership – In 2015, Oak Street Health forged a strategic partnership with Humana Inc., the nation’s 3rd largest health insurance
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Oak Street Health | NNN Lease | Rev. $2.16B
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
ADD'L SUBTYPES
Freestanding, Storefront Retail/Office, Health Club
TOTAL BUILDING SIZE
10440
STORIES
1
BUILDING CLASS
B
YEAR BUILT
1965
SPRINKLERS
-
PARKING SPACES
40
LAND DETAILS
LAND ACRES
0.65 AC AC
LAND SF
28,096 SF
ZONING
-
APN/PARCEL ID
08-18-323-010
