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Investment Highlights

  • 100% occupied medical office | Stable, synergistic medical tenancy
  • Three lease renewals completed in 2026, demonstrating ongoing tenant commitment to the asset
  • Surrounded by numerous complementary healthcare providers, including dental, orthopedic, ophthalmology, therapy, kidney care, imaging, and more
  • Two original tenants remain at the property more than 20 years after development
  • 4.4-year weighted average lease term as of 12/1/2026, with leases extending through 2035
  • 1.6 miles from Saint Joseph Medical Center - Joliet, which has 489-beds

Executive Summary

Prairie Pointe Medical Office Building is a 17,312-square-foot medical office property situated on 2.23 acres in Joliet, Illinois. Constructed in 2005 and currently 100% occupied, the property has demonstrated strong historical occupancy and sustained leasing activity throughout its operating history. The building is leased to a stable and diversified roster of healthcare providers, including dental, oral surgery, endodontic, pulmonary, respiratory, sleep medicine, and women’s healthcare practices. Located within an established healthcare corridor, the property is less than two miles from Saint Joseph Medical Center, a 489-bed regional hospital, and is surrounded by complementary medical providers. The asset is positioned to benefit from a dense surrounding population base, strong daytime employment, and continued commercial growth throughout the Joliet market.

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
17,312 SF
Building Class
B
Year Built
2005
Price
$2,427,000
Price Per SF
$140.19
Cap Rate
7.50%
NOI
$182,002
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
17,312 SF
Building FAR
0.18
Lot Size
2.23 AC
Parking
118 Spaces (6.82 Spaces per 1,000 SF Leased)

Amenities

  • Security System
  • Storage Space
  • Monument Signage
  • Air Conditioning

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Chicago Dental Implants & Oral Surgery
  • -
  • -
  • -
  • Jan 0000
  • Health Care and Social Assistance
  • -
  • -
  • Jan 0000

Professional Endodontics of Illinois is a privately held specialty dental practice providing endodontic services focused on the diagnosis and treatment of conditions affecting the dental pulp and root structures. The practice specializes in root canal therapy, retreatment procedures, cracked tooth repair, and endodontic surgery. Services are delivered in an outpatient clinical setting using advanced imaging and magnification technologies designed to support precise diagnosis and treatment. The organization operates multiple locations across Illinois, including offices in Mount Prospect, Des Plaines, Joliet, and Chicago Ridge. Professional Endodontics of Illinois provides care for both referred patients and individuals seeking same-day emergency treatment for acute dental pain. The practice emphasizes specialized endodontic care distinct from general dentistry, with procedures commonly completed in a single visit when clinically appropriate. Professional Endodontics of Illinois remains independently operated and privately held. The practice functions as a regional specialty provider supporting general dentists through referral-based services while also accepting direct patient appointments.

Tenant Industry SF Occupied Rent/SF Lease End
Chicago Dental Implants & Oral Surgery - - - Jan 0000
Health Care and Social Assistance - - Jan 0000
Fairly walkable
50/100
Exceptionally drivable
90/100
Moderately bikeable
70/100
  • Listing ID: 41818515

  • Date on Market: 8/20/2026

  • Last Updated:

  • Address: 903 N 129th Infantry Dr, Joliet, IL 60435

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