Elk Grove Village Medical Campus Office FOR SALE


Elk Grove Village, IL - Des Plaines/Arlington Hts Corridor
$11,385,000 USD
720-635-2653
, Elk Grove Village, IL for Sale
$11,385,000 USD
Office - FOR SALE
1/4
null | 7% Cap Rate

Elk Grove Village Medical Campus
Elk Grove Village, IL
Des Plaines/Arlington Hts Corridor


OVERVIEW

To access the full Offering Memorandum, please visit www.Elk-Grove-Village.com to sign the Confidentiality Agreement and get immediate access to the marketing materials and investment details. Adjacent to Market-Leading Ascension Hospital Anchored by World’s Leading Dialysis Provider with CON Premium Local Amenities with Development Opportunity Diversified Tenant Specialties Strategic Location with Exceptional Visibility and Access Excellent Investment Basis Aging Population & Favorable Payor Mix Meticulously Maintained by Current Ownership CBRE U.S. Healthcare Capital Markets is pleased to exclusively offer the opportunity to acquire Elk Grove Village Medical Campus (the “Properties”), a four-building, 52,126 square-foot, medical outpatient campus in the Elk Grove Village suburb of Chicago. The diverse tenancy within the buildings is anchored by Fresenius Medical Care (S&P: BBB- | Moody’s: Baa3) representing 25% of the NRA and possessing a highly coveted CON, Midwest Sports Medicine & Orthopaedic Surgical Specialists (18% of NRA), Medical Center Dental Associates (9% of NRA), and Nephrology Associates of Northern Illinois and Indiana (6% of NRA). The 95.2% current occupancy rate, coupled with a weighted average length of tenancy in excess of 20 years, provides an extremely durable investment opportunity. The Properties offer unique physical attributes that include an 8.1 per 1,000 SF parking ratio, 8.6 acre land site, and a ±12,000 square foot future development opportunity. Elk Grove Village Medical Campus is at the epicenter of Elk Grove’s medical community, immediately adjacent to the region’s dominant acute care hospital, Ascension Alexian Brothers featuring 401 licensed beds, along with the 72-bed Ascension Alexian Brothers Rehabilitation Hospital. Elk Grove Village offers high-quality local amenities and immediate access via Interstate-290, I-390, and Route 53, providing a desirable healthcare experience for patients and a fully serviced work environment supporting recruitment and retention of employees.

ASK ABOUT THIS PROPERTY

Chris BodnarCBRE, Inc.More Info
720-635-2653

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Chris BodnarCBRE, Inc.More Info
720-635-2653

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.