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- LoopNet Team
3300 N Main St
East Peoria, IL 61611
Fresenius Medical Care · Office Property For Sale
Investment Highlights
- Absolute NNN lease with 17.5 years remaining
- Fresenius Medical Care Holdings, Inc. carries an Investment Grade Credit Rating of BBB- (S&P)
- Located adjacent to the affluent town of Washington
- Average household income in a 1-mile radius is over $105K
- Located approximately 6 miles from OSF Saint Francis Medical Center, Unity Point Health Methodist, and Kindred Hospital Peoria
- Annual CPI increases
PROPERTY FACTS
About 3300 N Main St , East Peoria, IL 61611
The offering is a rare 20-year NNN lease with annual CPI increases. The property has operated as a dialysis center for over 20 years. The lease has 17.5 years remaining and the property recently had roof/HVAC upgrades. Fresenius Medical Care Holdings, Inc. carries an investment Grade Credit of BBB- from S&P. The subject property is located on highly trafficked N Main St, which benefits from approximately 25,500 vehicles per day. The location serves the East Peoria/Washington suburbs which has a large retirement community. East Peoria was named one of the 50 top cities to retire in 2019 by Kiplinger, mainly due to its lower cost of living. The property is located approximately 6 miles from OSF Saint Francis Medical Center, Unity Point Health Methodist, and Kindred Hospital Peoria.
PROPERTY TAXES
| Parcel Number | 01-01-23-101-021 | Improvements Assessment | $1,472,995 |
| Land Assessment | $104,328 | Total Assessment | $1,577,323 |
PROPERTY TAXES
