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29955410
29955409

7600 S County Line Rd, Burr Ridge, IL 60527 For Sale

JJ
CO 100103493
CBRE - Healthcare Capital Markets
MK
IL 475154630
CBRE - Oak Brook
CB
CA CA 01892501, CA CO FA40040209
CBRE - Denver Downtown
Listed by CBRE - Healthcare Capital Markets, CBRE - Oak Brook, CBRE - Denver Downtown
$14,796,000
152 days on market
Updated 7 days ago

AbilityLab - Burr Ridge, IL: NNN Lease with ‘A+’ Credit

Details
Property Type Office
Sub Type Medical Office
Square Footage 24,943
Net Rentable (SqFt) 24,943
Cap Rate 6.5%
NOI $961,759
Occupancy 100%
Tenancy Single
Lease Type NNN
Remaining Term 7
Rent Bumps Yes
Price per SqFt $593
Class A
Year Built 2018
Buildings 1
Stories 1
Acreage 2.750
Parking Spaces 123 per 1,000 sq ft
Investment Type Stabilized

Fully Occupied NNN Lease Investment Opportunity with ‘A+’ Credit

Marketing description

TO SIGN THE NDA AND GET IMMEDIATE ACCESS TO THE OFFERING MEMORANDUM, PLEASE VISIT:

www.ShirleyRyanAbilityLabPortfolio.com (or click: https://www.cbredealflow.com/handler/modern.aspx?pv=-Y2MO4ZJqP-tUJny3tMROHBEHPiUB22tUCSIbTI6zac#_top)

CBRE’s U.S. Healthcare Capital Markets Group is pleased to present the exclusive opportunity to acquire

Shirley Ryan AbilityLab Burr Ridge (the “Property”), a state-of-the-art, build-to-suit DayRehabCenter®

located at 7600 County Line Road in the affluent Chicago suburb of Burr Ridge. Completed in 2018, the

Property serves as the flagship DayRehabCenter® for the world-renowned Shirley Ryan AbilityLab (“SRALab”

or the “Tenant”), which has been ranked the #1 rehabilitation hospital in the U.S. for 35 consecutive years.

The facility is uniquely positioned as the only SRALab location, other than the main hospital in downtown

Chicago, to combine both DayRehab and Outpatient care programs under one roof.

The 24,943 rentable square foot facility is 100% net leased to SRALab (Fitch: ‘A+’) with a 6.8-year weighted

average lease term remaining (WALT) and fixed 2.5% annual rent escalations. The building’s award-winning

design features biophilic elements, including diagonally-folded butterfly roofs and clerestory windows that

permit daylight to enter deep into therapeutic spaces, creating an environment built intentionally to inspire

hopefulness and uplift spirits. The Property is situated on a high-profile site adjacent to the I-55 and I-294

junction, one of the most accessible sites in the Chicago MSA with 360,000 vehicles passing daily. SRALab

has demonstrated its long-term commitment to this specific location through a direct tenant investment

of approximately $7.1 million for interior hard costs, specialized medical equipment, and structural

engineering, including the installation of a ceiling Unistrut track/harness system.

TO SIGN THE NDA AND GET IMMEDIATE ACCESS TO THE OFFERING MEMORANDUM, PLEASE VISIT:

www.ShirleyRyanAbilityLabPortfolio.com (or click: https://www.cbredealflow.com/handler/modern.aspx?pv=-Y2MO4ZJqP-tUJny3tMROHBEHPiUB22tUCSIbTI6zac#_top)

Investment highlights

  • TO SIGN THE NDA AND GET IMMEDIATE ACCESS TO THE OFFERING MEMORANDUM, PLEASE VISIT:

www.ShirleyRyanAbilityLabPortfolio.com (or click: https://www.cbredealflow.com/handler/modern.aspx?pv=-Y2MO4ZJqP-tUJny3tMROHBEHPiUB22tUCSIbTI6zac#_top)

  • World-Renowned, High Investment-Grade Tenancy

  • Class ‘A’, State-of-the-Art Rehabilitation Centers

  • Critical-Care Assets

  • Significant Tenant Investment

  • 100% Net-Leased with 2.5% Annual Escalations

Listing Contacts

JJ
CO 100103493
CBRE - Healthcare Capital Markets
MK
IL 475154630
CBRE - Oak Brook
CB
CA CA 01892501, CA CO FA40040209
CBRE - Denver Downtown
Listed by CBRE - Healthcare Capital Markets, CBRE - Oak Brook, CBRE - Denver Downtown

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$961,759.00
$80,146.58/mo

Valuation Metrics

0
DSCR
6.5%
Cap Rate
6.5%
ROI

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