3401 Heartland St - Health Care FOR SALE
Marion, IL 62959 |
$1,950,000 USD
612-605-8201
3401 Heartland St
Marion, IL 62959
HIGHLIGHTS
- LONG-TERM ABSOLUTE TRIPLE-NET (NNN) LEASE – 15-Year Lease Term: Secure and stable income for an extended period.
- Absolute NNN Structure: No landlord responsibilities for taxes, insurance, or maintenance, providing a truly passive investment opportunity.
- Growing Sector: Urology is a vital and specialized medical field with consistent demand driven by aging populations.
- Resilient to Economic Downturns: Healthcare properties often perform well regardless of economic cycles.
- Tenant-Backed Assurance: Lease personally guaranteed by the tenant, offering additional security and financial backing.
FOR SALE DETAILS
PRICE
$1,950,000 USD
PRICE/SF
$390 USD /SF
CAP RATE
7.18%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
UROLOGY INSTITUTE
PROPERTY TYPE
Health Care
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.01 AC
LAND SF
44,185 SF
ZONING
-
APN/PARCEL ID
06-16-128-001
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612-605-8201
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612-605-8201
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