865 Elmhurst Rd - Medical FOR SALE
Des Plaines, IL 60016 |
865 Elmhurst Rd
Des Plaines, IL 60016
HIGHLIGHTS
- Healthcare properties are highly sought-after investments for their insulation from e-commerce competition and resistance to economic downturns.
- The practice at this property was purchased by MyEyeDr in 2020. They signed an initial 5-year lease with options and are still in the base term.
- Since its founding in 2001, MyEyeDr has become a major competitor in the eye care industry and currently has 800+ vision centers across the US.
- The US optometry market is currently valued at $63B and is expected to grow at a CAGR of almost 4% from now until 2027.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
MYEYEDR.
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
5600
STORIES
1
BUILDING CLASS
C
YEAR BUILT
1964
SPRINKLERS
-
PARKING SPACES
19
LAND DETAILS
LAND ACRES
0.62 AC AC
LAND SF
27,007 SF
ZONING
-
APN/PARCEL ID
08-24-100-012-0000
