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Midwest Express Clinic | 2.5% Buyside Fee NNN 6320 S Cass Ave 3,553 SF 100% Leased Retail Building Westmont, IL 60559 $2,402,444 ($676.17/SF) 6.75% 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
- ESTABLISHED AND GROWING TENANT: Midwest Express Clinic is a leading urgent care operator with approximately 53 locations across Illinois & Indiana
- ANNUAL RENTAL INCREASES: The lease features 2% annual rental escalators, giving investors a hedge against inflation and consistent
- RAPIDLY GROWING BILLION DOLLAR MARKET: The U.S. urgent care market was valued at approximately $34 billion in 2024
- AGING POPULATION DRIVES DEMAND: Located in DuPage County, Westmont has a growing 65 and older demographic making up over 18% of residents
EXECUTIVE SUMMARY
Matthew M. Fitzgerald
License No. 478027547 (IL)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
License No. 478027547 (IL)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,553 SF
Building Class
C
Year Built
2024
Price
$2,402,444
Price Per SF
$676.17
Cap Rate
6.75%
NOI
$162,165
Percent Leased
100%
Building Height
1 Story
Building FAR
0.12
Lot Size
0.70 AC
Zoning
C-1 - Commercial Business
Parking
17 Spaces (4.78 Spaces per 1,000 SF Leased)
Walk Score®
Very Walkable (79)
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 09-21-201-035 | Improvements Assessment | $0 |
| Land Assessment | $69,587 | Total Assessment | $69,587 |
PROPERTY TAXES
Parcel Number
09-21-201-035
Land Assessment
$69,587
Improvements Assessment
$0
Total Assessment
$69,587
CONTACTS
-
Kyle Mackulak -
Tyler Swade -
Rahul Chhajed -
Michael Moreno -
Matthews Real Estate Investment Services
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Midwest Express Clinic | 2.5% Buyside Fee NNN | 6320 S Cass Ave
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