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Endeavor Health Single Tenant Net Lease Medic 712 Northwest Hwy 3,864 SF Office Building Fox River Grove, IL 60021 $3,139,200 CAD ($812.42 CAD/SF) 6.53% Cap Rate
INVESTMENT HIGHLIGHTS
- 3,864 SF Single-Tenant Medical Office Building
- Regional Shopping Center Anchored by Jewel-Osco | Ample Parking Surrounding Building
- 100% leased to Endeavor Health Clinical Operations | Fully Built-Out Medical Space
- Built in 2004 | 0.66 Acre Lot | Signalized Entrance to Building
EXECUTIVE SUMMARY
The subject property is a newly renovated (2023), single-story, 3,864 SF freestanding out-parcel building located in Fox River Grove, Illinois, within McHenry County. The building is fully built out for medical use and is currently occupied by a strong credit tenant, Endeavor Health Clinical Operations. Strategically positioned along Northwest Highway, approximately two miles from Advocate Good Shepherd Hospital, the asset benefits from excellent visibility, high traffic counts, and strong local demographics that support healthcare services.
Endeavor Health Clinical Operations—one of Illinois’ largest integrated health systems—is the third-largest health system and medical group in the state, serving more than 4.2 million residents across seven northeastern Illinois counties. The tenant’s lease is structured on a triple-net basis and features a 62-month initial term commencing September 1, 2025, providing stable long-term cash flow with minimal landlord expense obligations.
This offering represents a rare opportunity to acquire a true triple-net investment. The property is a modern, newly tenanted medical office asset leased to one of Illinois’ leading healthcare providers, situated within a strong commercial corridor and a highly desirable location.
Endeavor Health Clinical Operations—one of Illinois’ largest integrated health systems—is the third-largest health system and medical group in the state, serving more than 4.2 million residents across seven northeastern Illinois counties. The tenant’s lease is structured on a triple-net basis and features a 62-month initial term commencing September 1, 2025, providing stable long-term cash flow with minimal landlord expense obligations.
This offering represents a rare opportunity to acquire a true triple-net investment. The property is a modern, newly tenanted medical office asset leased to one of Illinois’ leading healthcare providers, situated within a strong commercial corridor and a highly desirable location.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
3,864 SF
Building Class
B
Year Built
2004
Price
$3,139,200 CAD
Price Per SF
$812.42 CAD
Cap Rate
6.53%
NOI
$204,860 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,864 SF
Building FAR
0.13
Lot Size
0.66 AC
Zoning
Commercial - Commercial
Parking
25 Spaces (6.47 Spaces per 1,000 SF Leased)
1 1
PROPERTY TAXES
| Parcel Number | 20-20-130-042 | Improvements Assessment | $250,978 CAD |
| Land Assessment | $134,632 CAD | Total Assessment | $385,610 CAD |
PROPERTY TAXES
Parcel Number
20-20-130-042
Land Assessment
$134,632 CAD
Improvements Assessment
$250,978 CAD
Total Assessment
$385,610 CAD
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Endeavor Health Single Tenant Net Lease Medic | 712 Northwest Hwy
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