AbilityLab - Homewood, IL: NNN Lease with ‘A+’ Credit
Investment Opportunity with ‘A+’ Credit and 100% NNN Leased
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 Homewood (the “Property”), a high-volume, build-to-suit DayRehabCenter®
located at 19260 S. Halsted Street in Homewood, Illinois. Completed in 2019, the Homewood facility was
strategically developed to double SRALab’s existing local footprint, providing a critical increase in patient
capacity to meet exploding regional demand. The Property is 100% net leased to the Rehabilitation Institute
of Chicago, d/b/a Shirley Ryan AbilityLab (“SRALab” or the “Tenant”) (Fitch: ‘A+‘), which has been ranked
the #1 rehabilitation hospital in the United States for 35 consecutive years by U.S. News & World Report—
the only hospital of any kind to hold this distinction.
The 20,188 rentable square foot facility features a 5.3-year weighted average lease term remaining (WALT)
with fixed 2.5% annual rent escalations. Strategically selected for its superior access to I-294 and I-80,
the facility draws patients from a massive geographic population stretching from the south and southwest
Chicago suburbs to northwest Indiana. As a result, the Homewood facility consistently ranks among
the top DayRehabCenters® in terms of patient volume. The Property includes specialized therapeutic
infrastructure, such as a unique 370’ outdoor walking path made of crushed granite designed for surfacespecific
rehabilitation, and three state-of-the-art gyms for pediatric, physical, and occupational therapy.
SRALab’s significant long-term commitment to this location is further underscored by its $5.0 million direct
capital investment into the facility’s specialized interior hard costs and structural systems.
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
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