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Local MD Urgent Care 17958-17960 Halsted St 4,278 SF Retail Building Homewood, IL 60430 $3,367,912 CAD ($787.26 CAD/SF) 6% Cap Rate
Investment Highlights
- Long Term Lease with 3% Annual Increases
- Minimal Landlord Responsibilities
- Washington Park Plaza Outparcel
- Commitment to site with Recent Expansion
- Recession Resistant Tenant
Executive Summary
In October 2024, the Tenant executed a major expansion and 10-year lease extension, further solidifying its long-term commitment to this location. Local MD Urgent Care recently expanded to occupy the full 4,278 rentable square feet of the building, and the lease includes three (3) additional 5-year renewal options, offering long-term stability and future growth potential.
Strategically positioned within Washington Park Plaza, Homewood’s premier retail destination, the property benefits from strong, consistent foot traffic generated by top national retailers including Best Buy, TJ Maxx, Ross Dress for Less, Old Navy, Five Below, Party City, and Petco. The center attracts approximately 2.8 million annual visitors, creating a robust environment that supports Local MD’s essential healthcare services.
Operated by experienced healthcare professionals, Local MD Urgent Care provides a comprehensive array of services including urgent care, occupational medicine, imaging, laboratory diagnostics, family medicine, addiction treatment, psychiatric care, and other community-focused healthcare offerings.
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Health Care and Social Assistance
- 4,278 SF
- $47.22 CAD
- Double Net
- Sep 2034
Their priority is your well-being. Local MD Urgent Care is here to provide swift medical attention when you need it most. Their team of highly skilled, dedicated healthcare professionals are committed to delivering exceptional urgent care, primary care and occupational health services with a sense of compassion and expertise. Each Local MD clinic is outfitted with state-of-the-art medical technologies, ensuring rapid treatment options for a wide range of non-life-threatening conditions and ailments. From minor injuries and illnesses, to routine check-ups and vaccinations, their experienced staff is here when you need them.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Health Care and Social Assistance | 4,278 SF | $47.22 CAD | Double Net | Sep 2034 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 29-32-401-036-0000 | Improvements Assessment | $101,039 CAD |
| Land Assessment | $36,791 CAD | Total Assessment | $137,830 CAD |
Property Taxes
Presented by
Local MD Urgent Care | 17958-17960 Halsted St
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