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|Last Updated Date||06 Jul 2020|
JLL is pleased to offer a single-tenant, well-maintained medical office proper for sale along the busy Dempster Street, less than one mile from I-94 and just 16 miles from Chicago. The property is currently leased to Advocate Health Care, a leading regional non-profit medical services operator with over 400 locations nationwide. Full roof replacement was done in 2016 and is covered in a transferable 10-year warranty.
- Fee simple interest
- NN lease structure with 3.8 years of contractual term remaining, full CAM reimbursement
- Annual rent increases of 3% with one, 3-year option to extend
- Minimal landlord responsibilities
- Highly visible location on Dempster Street