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Views: 61 DOM: 62 Updated: 11.02.24 Posted: 09.20.24 Status: Active

Summary

Price $3,269,185
Built/Renov 2016
Tenant Talecris Plasma Resources
Cap Rate 8.25%
Lease Type Double NN
Guarantor Corp T and Rated
Size/SF 12,163
Lease Start 12-01-2002
#Units 300
Price/SF $268.78
Expiration 10-31-2027
Tenant Type Medical/Health
NOI $269,707
R. Term 2.11
Ownership Fee Simple
Rent/SF $22.17
Increases 2.5%/1/yrs
Pop 5Mi 125,588
Lot/AC 1.15
Options 3/5yrs/2.5%
AHHI 5Mi $78,582

Lease Highlights

  • Talecris Plasma Resources has been operating in this location since 2002
  • The tenant has 3+ years remaining on the current lease term with 3 (5-year) options to extend
  • The lease features 2.5% annual rental increases throughout the initial term and option periods
  • Corporate guaranteed lease (NASDAQ: GRFS) 

Location Description

Talecris Plasma Resources is strategically located at the signalized, hard corner intersection of Sheridan Road and Nebraska Avenue, with access to a combined daily traffic count of 12,900 vehicles. The property is immediately adjacent to Interstate 74, which sees 47,300 VPD. It is also less than one mile northwest of two major hospitals: OSF St. Francis Medical Center and Carle Health...

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Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

About Tenant

Talecris Plasma Resources specializes in collecting human plasma to produce plasma-derived medicines. Talecris operates plasma donation centers where individuals can donate plasma, which is then...


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Listing Broker

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