3210 Grand Ave | Waukegan, IL 60085
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- LoopNet Team
3210 Grand Ave
Waukegan, IL 60085
Oak Street Health | NNN Lease | Rev. $2.16B · Office Property For Sale
Investment Highlights
- High-Quality Healthcare Asset – This an ideal investment opportunity for investors looking to complement their existing portfolio
- Passive NNN Lease – This building features a NNN lease with minimal landlord responsibilities, providing a passive investment vehicle
- High Growth Company – Oak Street Health’s revenue grew 62% year over year for calendar year 2021.
- Inflationary Protected Lease – This lease features above-market, 3% annual rent increases, providing a major cash flow boost
- Industry-Leading National Operator – Oak Street Health operates 169 healthcare facilities across 21 states and is the chosen provider of AARP
- Humana Inc. Partnership – In 2015, Oak Street Health forged a strategic partnership with Humana Inc., the nation’s 3rd largest health insurance
PROPERTY FACTS
Property Type
Office
Property Subtype
Building Size
7,500 SF
Building Class
C
Year Built
1965
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,500 SF
Building FAR
0.26
Lot Size
0.65 AC
PROPERTY TAXES
| Parcel Number | 08-18-323-010 | Improvements Assessment | $164,457 |
| Land Assessment | $65,022 | Total Assessment | $229,479 |
PROPERTY TAXES
Parcel Number
08-18-323-010
Land Assessment
$65,022
Improvements Assessment
$164,457
Total Assessment
$229,479
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