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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: 

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Neil Naran

Phone:  (909) 456-3476

Mobile: (949) 842-9202

Email: Neil.Naran@Marcusmillichap.com

Lic. # 02025512

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