8140 S Cass Ave - Medical FOR SALE
Darien, IL 60561 |
$1,804,859 USD
310-695-6239
8140 S Cass Ave
Darien, IL 60561
HIGHLIGHTS
- Sandstone Care is backed by the Vistria Group, a private equity fund with a focus in healthcare businesses
- Founded in 2015, Sandstone Care operates 34 locations nationwide; this location only provides outpatient services
- Darien, 23-miles from downtown Chicago, is connected by Interstate 55 for an easy, 25-mile commute to the city
- 6+ years remaining on private equity- backed triple net (NNN) lease with limited landlord responsibilities
- Average household income of $157,205 and a population of 203,463 residents within a 5-mile radius
- The global substance abuse treatment market is projected to grow from USD 12.81 billion in 2023 to USD 36.83 billion
OVERVIEW
Sands Investment Group is pleased to exclusively offer for sale the 6,412 SF Sandstone Care outpatient facility, located at 8140 South Cass Avenue in Darien, IL. This deal includes 6+ years remaining on a private equity-backed triple net (NNN) lease with limited landlord responsibilities, providing for a secured investment.
In Cooperation With Sands Investment Group Illinois, LLC - Lic. #481013714 BOR: Andrew Ackerman Lic. IL #471021429
FOR SALE DETAILS
PRICE
$1,804,859 USD
PRICE/SF
$281 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Sandstone Care - Darien, IL
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
ADD'L SUBTYPES
Drug Store, Freestanding, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
1998
SPRINKLERS
-
PARKING SPACES
28
LAND DETAILS
LAND ACRES
0.68 AC
LAND SF
29,621 SF
ZONING
O, Office
APN/PARCEL ID
09-33-213-017
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310-695-6239
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310-695-6239
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