10 Years Remaining on Modified Triple-Net (NNN) Lease
10% Rental Increases Every Five Years with Multiple Renewal Options
Physicians Immediate Care was Acquired by WellNow Urgent Care in 2022, One of the Top Providers of Urgent Medical Care, Telehealth, and Occupational Medicine in the US
Property Has a Joint Guarantee between PIC and Ascension Health Alliance Which Carries a Moody’s Credit Rating of Aa2+. Ascension Health Alliance is Among the Country’s Largest Health Systems with 139 Hospitals and 440 Senior Living Facilities
Excellent Visibility Near the Intersection of Caton Farm Road and South Drauden Road (36,950+ Combined Cars per Day)
161,917 Residents within a 5-Mile Radius - Growing Trade Area in the Chicago MSA
Households and Population Projected to Increase 2%+ in the Surrounding Area by 2027
Average Household Income Exceeds $119,000 in the Immediate Area