top of page

HAMMOND HENRY
URGENT CARE
(ANNAWAN, IL)
HAMMOND-HENRY URGENT CARE
203 West Front Street
Annawan, IL 61234
Price: $860,000
CAP Rate: 6.50%
Leasable Area: 3,850 SF
Status: Available
Lease Type: Absolute NNN
Lease Term Remaining: 11.75 Years
Guarantee: Corporate
NOI: $56,000 / Year
INVESTMENT HIGHLIGHTS
-
Ideal Business Model Small Town Demographics | Lower Demographic Locations answers to the business model of Hammond - Henry Hospital which enable the medical provider to cannibalize the local market medical care
-
Corporate Guaranteed | Location is Corporately Guaranteed by Hammond-Henry Hospital ($40+ Million Net Worth) which will provide a secure safe investment to the landlord
-
Attractive Annual Increases | Lease calls for Annual Increases in rent by 1.5%
-
Brand New Long Term Absolute NNN Lease | 12 Year Initial Term with Two, 5 year Options to Extend.
-
Brand New Construction Urgent Care | Fee Simple Absolute NNN Lease | Land and Building Ownership | Investor Ability for Taxable Depreciation Asset
-
Relocation Store | Hammon-Henry Urgent Care Annawan is a New Built Relocation Store which demonstrates the Tenant’s commitment to the area.
Lead Agent:

Neil Naran
bottom of page