1325 KOESTER DR, FORSYTH, IL 62535-9625 For Sale

Central Illinois Urgent Care at 1325 Koester Dr, Forsyth, IL 62535 presents an exceptional net-leased medical investment in one of Central Illinois’ strongest retail corridors. Offered at $1,065,000 with a 7.75% cap rate, this 4,856-square-foot urgent care facility sits on 0.46 acres directly off Interstate 72 near Hickory Point Mall. The property combines dependable cash flow with strong real estate fundamentals, featuring a 10-year lease that commenced in November 2021 and runs through October 2031, with approximately 5.5 years remaining and two 5-year renewal options. The tenant reimburses CAM, taxes, and insurance, helping minimize landlord expense exposure. Originally built in 1980 and fully renovated in 2021, the asset also benefits from a brand-new roof replaced in 2026 with a 20-year transferable warranty. Positioned next to major national retailers including Best Buy, PetSmart, Lowe’s, Walmart, Sam’s Club, Kohl’s, and TJ Maxx, the site enjoys outstanding visibility and access in a high-traffic corridor with approximately 24,400 vehicles per day. Backed by a growing regional operator with five Illinois locations, this offering delivers stable income, medical tenancy, and long-term upside through 3% annual rent increases in both option periods.