This Office Property is Off-Market.

10405 North Juliet Court
Peoria, IL 61615 ·

8,652 SF · Office For Sale

N/A

Print

Fresenius Medical Center

Price N/A Property Use Type Net Lease Investment with 10+ years left on lease
Building Size 8,652 SF Cap Rate 7.75%
Property Type Office Occupancy 100%
Property Sub-type Medical Office Tenancy Single
Listing ID: 17363486 Date Created: 10/06/2011 Last Updated: 06/12/2012

Description

We are pleased to present this free-standing 8,652-square foot Fresenius Dialysis Center located on a 1.72-acre parcel of land in Peoria, Illinois. Fresenius has been a tenant in this location on Juliet Court in Peoria since 2001 due to the mission-critical location for their patients. Renal Care Group, which is a owned by Fresenius Medical Care Holdings, Inc. ("FMCH"), has Fourteen (14) years years remaining on a Rare Absolute Net Lease. The location operates six days a week with two shifts- reflecting they are serving a high volume of business. This location is a state mandated certificate of need location as Illinois is one of 13 certificate of need states requiring dialysis centers to be on a state selected location adding more stability to the investment as it makes it difficult to relocate. Also the extensive medical build out with these locations makes it financially difficult to relocate. The landlord has no responsibility for the maintenance or care of the facility.

The property is located directly north of downtown Peoria in the Medina Township. It has excellent access to major Highways 6 and 17 and is within a few minutes of Interstate 74. This location is in close proximity to Proctor hospital and controls the northern Peoria dialysis market.

Research

10405 North Juliet Court, Peoria, IL 61615 (Peoria County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

Peoria Market Trends - Asking price index trends, sale price trends, asking rent trends

Similar Listings

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

I am a place holder, please don't judge me!!! (no, I judge you!)