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| Price $7,826,000 | Built/Renov 1999 | Tenant Advocate Medical Group |
| Cap Rate 5.75% | Lease Type
Abs NNN | Guarantor Corp Rated |
| Size/SF
25,000
| Lease Start
01-01-2024
| #Units
350
|
| Price/SF $313.04 | Expiration
02-28-2034
| Tenant Type Medical/Health |
| NOI $450,000 | R. Term 9.5 | Ownership Fee Simple |
| Rent/SF
$18.00
| Increases 3.0%/1/yrs | Pop 5Mi 596,757 |
| Lot/AC 1.74 | Options 2/5yrs | AHHI 5Mi $76,659 |
| | |
The subject property is situated on an oversized 1.74-acre lot along W. 95th St. which sees 24,000+ vehicles passing by daily. It is also near the intersection at S. Western Ave. (31,400+ VPD) and just 3 miles from the I-94 arterial which boasts an additional 257,400 daily vehicles. The site benefits from being positioned within a dense retail corridor, surrounded by numerous national...
...Build to suit
Dense retail corridor
Highway location
Dense 200M+ pop 5 mi
Top 100 MSA
Recently extended lease
Absolute NNN
Long 10+ yr lease
Annual rent increases
Credit rated company
Advocate Medical Group is a leading provider of primary care, specialty services, imaging and outpatient services throughout the Chicagoland area. The company operates under Advocate Health, the...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 17,855 | 210,616 | 583,362 |
| 2023 Total Population : | 18,373 | 216,018 | 596,757 |
| 2023 Employed Civilian Pop : | 8,518 | 94,896 | 248,142 |
| 2023 Total Businesses : | 698 | 4,196 | 11,324 |
| 2023 Average Household Income : | $ 128,429 | $ 89,956 | $ 76,659 |
| 2023 Total Consumer Spending : | $ 761 M | $ 6380 M | $ 14835 M |
| 2023 Median Age : | 43 | 41 | 38 |
| 2023 Total Households : | 7,015 | 82,365 | 223,369 |
| 2023 Pop Age 25+: Bachelor's Degree : | 3,512 | 27,199 | 60,502 |
| 2023 Average Home Value : | $ 358,448 | $ 261,726 | $ 241,800 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| 2022 | 1,650 | 0.11 mi | ||
| South Leavitt Street | W 96th St | 2018 | 1,100 | 0.15 mi |
| 2022 | 1,450 | 0.18 mi | ||
| West 94th Street | S Oakley Ave | 2022 | 1,650 | 0.20 mi |
| West 96th Street | S Damen Ave | 2022 | 1,450 | 0.21 mi |
| S Western Ave | W 94th St | 2014 | 31,400 | 0.23 mi |
| South Leavitt Street | W 93rd St | 2018 | 400 | 0.23 mi |
| South Western Avenue | W 90th St | 2022 | 29,800 | 0.23 mi |
| 2022 | 26,500 | 0.24 mi | ||
| US 12;US 20 | 2021 | 24,000 | 0.27 mi |
Lafayette, LA
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Paintsville, KY
Cap Rate 6.25%
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Size/SF 17,409
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
