Physician’s Immediate Care Palatine, IL

29 N Northwest Hwy
Palatine, IL

Price: $3,463,363
Cap Rate: 5.50%
NOI: $189,000
Building Size: Approx. 4,200 Sq. Ft.
Lot Size: Approx. 0.73 Acres
Type: Single-Tenant / Medical
Sub Category: Medical / Office
Year Built: 2021

Investment Overview

  • 2021 Construction. 4,200+/- SF Building on 0.73+/- Acre Site
  • New 15 Year Corporate NNN Lease w/ 10% Rent Bump every 5 Years
  • Prominent Location in Close Proximity to Hwy 53 (118K VPD)
  • Near Dollar Tree, Starbucks, Taco Bell, Shell, Walgreens, U-Haul
  • Brand New Build-To-Suit with Physician’s Immediate Care LLC
  • Strong Income Demos w/ $132,661 within a 5-Mile Radius
  • Palatine  |  Residential Suburb of Chicago  |  Population: 68K+