6320 S Cass Ave - Bank FOR SALE
Westmont, IL 60559 |
$2,402,444 USD
262-672-8388
6320 S Cass Ave
Westmont, IL 60559
HIGHLIGHTS
- LONG-TERM NET LEASE: This property is secured by a long-term NNN lease, requiring minimal landlord responsibilities
- ANNUAL RENTAL INCREASES: The lease features 2% annual rental escalators, giving investors a hedge against inflation and consistent
- PROVEN INDUSTRY WITH E-COMMERCE RESISTANCE: Healthcare operators aren’t prone to the same competition that many retail tenants face
- RAPIDLY GROWING BILLION DOLLAR MARKET: The U.S. urgent care market was valued at approximately $34 billion in 2024
- ESTABLISHED AND GROWING TENANT: Midwest Express Clinic is a leading urgent care operator with approximately 53 locations across Illinois & Indiana
- AGING POPULATION DRIVES DEMAND: Located in DuPage County, Westmont has a growing 65 and older demographic making up over 18% of residents
FOR SALE DETAILS
PRICE
$2,402,444 USD
PRICE/SF
$1,997 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Midwest Express Clinic | NNN | 2% Rent Bumps
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
ADD'L SUBTYPES
Convenience Store, Freestanding, Medical
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
17
LAND DETAILS
LAND ACRES
0.7 AC
LAND SF
30,492 SF
ZONING
C-1
APN/PARCEL ID
09-21-201-035
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262-672-8388
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262-672-8388
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