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Northwestern Medicine 6155 Grand Ave 26,270 SF Office Building Gurnee, IL 60031 $21,655,295 ($824.34/SF) 5.25% Cap Rate
Investment Highlights
- Trusted Healthcare Provider - Corporate Guarantee
- Recession Resistant Asset
- Nationally Accredited Hospital with Access to over 800 Board Certified Physicians
Executive Summary
NNN Pro is pleased to present the exclusive listing for a Northwestern Medicine located at 6155 W Grand Ave, Gurnee, IL, 60031. The site consists of roughly 26,270 rentable square feet of building space on an estimated 2.29-acre parcel of land. This Northwestern Medicine is subject to a 15-year Double Net (NN) lease, which commenced 7/12/2021. The current annual rent is $1,118,649 and has scheduled increases of 1.00% annually.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
26,270 SF
Building Class
A
Year Built
2020
Price
$21,655,295
Price Per SF
$824.34
Cap Rate
5.25%
NOI
$1,136,903
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
13,135 SF
Building FAR
0.26
Lot Size
2.29 AC
Zoning
C-2 - Community Commercial District
Property Taxes
| Parcel Number | 07-16-101-150 | Improvements Assessment | $1,109,953 |
| Land Assessment | $277,087 | Total Assessment | $1,387,040 |
Property Taxes
Parcel Number
07-16-101-150
Land Assessment
$277,087
Improvements Assessment
$1,109,953
Total Assessment
$1,387,040
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Northwestern Medicine | 6155 Grand Ave
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