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Midwest Express Clinic | NNN Urgent Care 1910 E Roosevelt Rd 5,445 SF Retail Building Wheaton, IL 60187 $2,891,090 ($530.96/SF) 7.25% Cap Rate



Investment Highlights
- Long Term Net Lease: This property is secured by a long-term NNN lease, requiring minimal landlord responsibilities.
- Proven Industry with E-Commerce Resistance: Healthcare operators aren’t prone to the same competition that many retail tenants face.
- Proximity to Retail & Population Center: Located on a major thoroughfare, Roosevelt Rd, the property is surrounded by national tenants.
- Annual Rental Increases: The lease features 2% annual rental escalators, giving investors a hedge against inflation & consistent.
- Demographic-Driven Healthcare Demand: Located in Wheaton, IL, this urgent care benefits from strong demand drivers in the Chicago metro area.
- Rapidly Growing Billion Dollar Market: The U.S. urgent care market was valued at approximately $34 billion in 2024.
Executive Summary
Matthew M. Fitzgerald
License # 478027547 (IL)
Matthews Real Estate Investment Services
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
License # 478027547 (IL)
Matthews Real Estate Investment Services
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
5,445 SF
Building Class
B
Year Built/Renovated
2015/2023
Price
$2,891,090
Price Per SF
$530.96
Cap Rate
7.25%
NOI
$209,604
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.53 AC
Zoning
C-3 - Commercial
Parking
22 Spaces (4.04 Spaces per 1,000 SF Leased)
Frontage
166’ on East Roosevelt Road
Amenities
- Bus Line
Walk Score®
Very Walkable (78)
Nearby Major Retailers
Property Taxes
| Parcel Number | 05-22-200-029 | Improvements Assessment | $292,209 |
| Land Assessment | $106,098 | Total Assessment | $398,307 |
Property Taxes
Parcel Number
05-22-200-029
Land Assessment
$106,098
Improvements Assessment
$292,209
Total Assessment
$398,307
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Midwest Express Clinic | NNN Urgent Care | 1910 E Roosevelt Rd
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