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Elk Grove Village Medical Campus 4 Office Properties Offered at $15,892,550 CAD in Elk Grove Village, IL
EXECUTIVE SUMMARY
To access the full Offering Memorandum, please visit www.Elk-Grove-Village.com to sign the Confidentiality Agreement and get immediate access to the marketing materials and investment details.
Adjacent to Market-Leading Ascension Hospital
Anchored by World’s Leading Dialysis Provider with CON
Premium Local Amenities with Development Opportunity
Diversified Tenant Specialties
Strategic Location with Exceptional Visibility and Access
Excellent Investment Basis
Aging Population & Favorable Payor Mix
Meticulously Maintained by Current Ownership
CBRE U.S. Healthcare Capital Markets is pleased to exclusively offer the opportunity to acquire Elk Grove Village Medical Campus (the “Properties”), a four-building, 52,126 square-foot, medical outpatient campus in the Elk Grove Village suburb of Chicago. The diverse tenancy within the buildings is anchored by Fresenius Medical Care (S&P: BBB- | Moody’s: Baa3) representing 25% of the NRA and possessing a highly coveted CON, Midwest Sports Medicine & Orthopaedic Surgical Specialists (18% of NRA), Medical Center Dental Associates (9% of NRA), and Nephrology Associates of Northern Illinois and Indiana (6% of NRA).
The 95.2% current occupancy rate, coupled with a weighted average length of tenancy in excess of 20 years, provides an extremely durable investment opportunity. The Properties offer unique physical attributes that include an 8.1 per 1,000 SF parking ratio, 8.6 acre land site, and a ±12,000 square foot future development opportunity.
Elk Grove Village Medical Campus is at the epicenter of Elk Grove’s medical community, immediately adjacent to the region’s dominant acute care hospital, Ascension Alexian Brothers featuring 401 licensed beds, along with the 72-bed Ascension Alexian Brothers Rehabilitation Hospital. Elk Grove Village offers high-quality local amenities and immediate access via Interstate-290, I-390, and Route 53, providing a desirable healthcare experience for patients and a fully serviced work environment supporting recruitment and retention of employees.
Adjacent to Market-Leading Ascension Hospital
Anchored by World’s Leading Dialysis Provider with CON
Premium Local Amenities with Development Opportunity
Diversified Tenant Specialties
Strategic Location with Exceptional Visibility and Access
Excellent Investment Basis
Aging Population & Favorable Payor Mix
Meticulously Maintained by Current Ownership
CBRE U.S. Healthcare Capital Markets is pleased to exclusively offer the opportunity to acquire Elk Grove Village Medical Campus (the “Properties”), a four-building, 52,126 square-foot, medical outpatient campus in the Elk Grove Village suburb of Chicago. The diverse tenancy within the buildings is anchored by Fresenius Medical Care (S&P: BBB- | Moody’s: Baa3) representing 25% of the NRA and possessing a highly coveted CON, Midwest Sports Medicine & Orthopaedic Surgical Specialists (18% of NRA), Medical Center Dental Associates (9% of NRA), and Nephrology Associates of Northern Illinois and Indiana (6% of NRA).
The 95.2% current occupancy rate, coupled with a weighted average length of tenancy in excess of 20 years, provides an extremely durable investment opportunity. The Properties offer unique physical attributes that include an 8.1 per 1,000 SF parking ratio, 8.6 acre land site, and a ±12,000 square foot future development opportunity.
Elk Grove Village Medical Campus is at the epicenter of Elk Grove’s medical community, immediately adjacent to the region’s dominant acute care hospital, Ascension Alexian Brothers featuring 401 licensed beds, along with the 72-bed Ascension Alexian Brothers Rehabilitation Hospital. Elk Grove Village offers high-quality local amenities and immediate access via Interstate-290, I-390, and Route 53, providing a desirable healthcare experience for patients and a fully serviced work environment supporting recruitment and retention of employees.
PROPERTY FACTS
| Price | $15,892,550 CAD | Number of Properties | 4 |
| Price / SF | $304.89 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 7% | Total Building Size | 52,126 SF |
| Sale Type | Investment | Total Land Area | 9.44 AC |
| Status | Active |
| Price | $15,892,550 CAD |
| Price / SF | $304.89 CAD / SF |
| Cap Rate | 7% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 52,126 SF |
| Total Land Area | 9.44 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Woodland Square Office Center IV
901 Biesterfield Rd, Elk Grove Village, IL 60007 |
Office | 13,126 SF | 1993 | - |
|
Woodland Square Office Center I
901 Biesterfield Rd, Elk Grove Village, IL 60007 |
Office | 13,000 SF | 1985 | - |
|
Woodland Square Office Center III
901 Biesterfield Rd, Elk Grove Village, IL 60007 |
Office | 13,000 SF | 1995 | - |
|
Woodland Square Office Center II
901 Biesterfield Rd, Elk Grove Village, IL 60007 |
Office | 13,000 SF | 1988 | - |
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