loader
Join Free
Views: 68 DOM: 88 Updated: 11.11.24 Posted: 09.25.24 Status: Active

Summary

Price $1,146,352
Built/Renov 2002
Tenant Hanger Clinic
Cap Rate 8.50%
Lease Type Modified Gross
Guarantor Corporate
Size/SF 8,000
Lease Start 11-29-2011
#Units 925
Price/SF $143.29
Expiration 05-30-2026
Tenant Type Medical/Health
NOI $97,440
R. Term 1.5
Ownership Fee Simple
Rent/SF $12.18
Increases 0.0%/0/yrs
Pop 5Mi 122,769
Lot/AC 1.16
Options 1/3yrs
AHHI 5Mi $66,838

Lease Highlights

  • Hanger Clinic has been operating in this location since 2011
  • The tenant has 1+ years remaining on the current lease term with 1 (3-year) option to extend
  • Passive lease structure | Tenant reimburses expenses monthly outside of structural components
  • Corporate guaranteed lease

Location Description

Hanger Clinic is strategically located on W Romeo B. Garrett Avenue, less than a mile from the Order of Saint Francis Medical Center, one of the largest healthcare facilities in the state. The property is also conveniently situated less than half a mile from Interstate 74 (I-74), a significant thoroughfare that runs through the center of Peoria. The immediate area features prominent national...

...

Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

  • Tenant: Hanger Clinic
  • Guarantor:Corporate
  • Company:Hanger, Inc.
  • # Units:925
  • Stock:Private

About Tenant

Hanger Clinic is one of the nation's leading orthotic and prosthetic care providers, offering patients custom-designed solutions that enhance mobility and quality of life. With over 900...


...

Listing Broker

Loading...
Disclaimer & Confidentiality
All information, content, data, and other materials on this Platform (“Content”) is made available to you on an “AS IS” basis without warranties of any kind, express or implied. All such Content is made available for informational purposes only and should not be relied on by you for any purpose. Content may contain errors, may be inaccurate or incomplete and/or, due to changing circumstances or other causes, may change or ultimately prove to be inaccurate or incomplete. Other than as set forth in our Terms of Service we do not have any control over your use of our Services or any Content. You should not use any such Services or any Content without validating the results through independent research, obtaining up-to-date information, and considering all relevant facts and circumstances, including your specific situation (financial or otherwise). We do not recommend, guarantee, or represent that the Services or any Content will predict the future performance of real estate assets or other assets of any kind. Moreover, we do not warrant the performance or results that may be obtained by using any of the foregoing. WE ARE NOT ENGAGED IN RENDERING TAX, LEGAL, INVESTMENT, FINANCIAL OR RISK MANAGEMENT ADVICE, AND THE RESULTS OF USE OF OUR SERVICES AND ANY CONTENT MUST NOT BE REGARDED OR REPRESENTED AS CONSTITUTING SUCH ADVICE. WE DO NOT MAKE ANY REPRESENTATIONS OR WARRANTIES REGARDING THE ACCURACY OF ANY CONTENT AND/OR PROJECTIONS GENERATED BY THE SERVICES OR ANY CONTENT

GET IN TOUCH

my activity