CellCarta | Centre Point Business Park
15 Year Single-Tenant Life Science Investment
Marketing description
Greenstone Partners, as the Exclusive Investment Advisor, is pleased to present the opportunity to acquire the 100% fee-simple interest in 1841 Centre Point Circle (the “Property” / “Investment”), a 34,370-square-foot single-tenant net-leased life sciences laboratory located in Naperville, Illinois. The Property is fully leased to CellCarta Biosciences, a global contract research organization serving pharmaceutical and biotechnology companies backed by Arsenal Capital Partners, a leading New York-based private equity firm focused on building healthcare and industrial growth platforms.
CellCarta recently expanded its footprint to encompass the entire premises, increasing its physical commitment to the Property and further strengthening one of its two U.S. laboratory locations. With 15 years of remaining lease term and 3% annual rent increases, the Investment provides durable, growing cash flow backed by a specialized life sciences user. Over $2.6 million has recently been invested into the Property to accommodate the tenant’s highly specialized lab environment. The investment into the space would make a relocation extremely expensive, disruptive and intensive to replicate elsewhere. The tenant sits within the rapidly expanding life sciences sector, which continues to benefit from strong pharmaceutical demand, increased investment in clinical research, and the continued shift toward precision medicine.
Located in Naperville, one of the Midwest’s most desirable and highly ranked suburban communities, the Property benefits from a premier DuPage County location with access to an affluent population base, exceptional amenities, and a deep healthcare ecosystem. Naperville was ranked the #1 Best City to Live in America by Niche in 2026, while DuPage County is Illinois’ second-largest county by population with more than 930,000 residents, providing the Investment with both scale and long-term demand drivers. The immediate area is supported by strong household economics, including a 1-mile average household income of $150,000 and a 1-mile median home value of $497,000, reinforcing the quality and stability of the surrounding market. Ownership also benefits from DuPage County’s comparatively favorable commercial tax environment relative to Cook County, enhancing after-tax economics in one of Chicago’s strongest suburban markets.
Investment highlights
MASSIVE PRIVATE EQUITY BACKED TENANT
CellCarta Biosciences is privately owned by Arsenal Capital Partners, a New York-based private equity investment firm focused on building market-leading healthcare and industrial growth companies. Since its inception, Arsenal has raised more than $10 billion of institutional capital and completed 320+ platform and add-on transactions, with a healthcare portfolio that includes businesses across precision medicine research services, biospecimens, diagnostics, bio-simulation software, pharma commercialization, clinical trial optimization, healthcare technology, and value-based care. Arsenal’s ownership provides CellCarta with institutional backing, sector-specific expertise, and strategic operating resources, reinforcing the company’s position as a specialized life sciences platform serving pharmaceutical and biotech clients globally.
LONG-TERM COMMITMENT + NET LEASE
The Property is 100% leased to CellCarta, a global contract research organization with over 700 employees and operations across 9 laboratories worldwide. Founded in 2000, CellCarta signed a 20-year lease beginning in August 2021 and recently expanded its footprint within the Property. The tenant’s ‘Net’ lease structure protects an investor from potential expense growth, while 3% annual rent increases provide stable and growing cash flow throughout the lease term, expiring in November 2041 with additional options to renew.
SIGNIFICANT CAPITAL INVESTMENT
More than $2.6 million in capital has been invested into recent upgrades to the Property. excluding lab equipment. Furthermore, CellCarta operates highly specialized lab equipment within the building exceeding $10 million in investment. CellCarta’s position as one of the leading cancer testing and pharmaceutical research companies, combined with its heavily invested, customized buildout and full-service testing platform, reinforces the tenant’s long-term commitment to the space.
BOOMING LIFE SCIENCES INDUSTRY
Since the COVID-19 pandemic spotlighted healthcare, the life sciences industry has emerged as a favored investment target, attracting record funding for both startups and established firms. Substantial capital has been directed toward expanding facilities to support this growth. According to Evaluate Pharma, global pharmaceutical sales are expected to grow 7% annually through at least 2030, underscoring strong demand and a promising long-term outlook for the sector.
PROXIMITY TO THRIVING NAPERVILLE
Positioned just south of Interstate-88, the Property benefits from its proximity to Naperville’s Freedom Commons and a host of retail options in downtown Naperville that further enhances its value. Just a half mile east of the Property, Freedom Commons is a thriving retail subsection of Naperville developed to offer a premium selection of fitness, beauty, and financial services, as well as dining and entertainment options. The Property is just ~3 miles north of downtown Naperville, one of the most sought-after cities in the Midwest. Downtown Naperville offers a plethora of retail and dining, from big box retailers and national restaurants to neighborhood shops and eateries. Naperville’s renowned amenities, such as its schools and hospitals, are all within a few miles of the Property. Furthermore, the Investment is strategically positioned within a short drive to five major hospitals, including Edward-Elmhurst Hospital, Central DuPage Hospital, Rush Copley Memorial Hospital, Advocate Good Samaritan Hospital, and Presence Mercy Medical Center.
DUPAGE = LOW TAXES + 930,000 PEOPLE
The Investment benefits from DuPage County’s commercial taxes that are typically significantly lower than those of neighboring Cook County’s. More than 930,000 people live in DuPage County, making it Illinois’ second most populous county.
AWARD-WINNING, AFFLUENT COMMUNITY
Naperville is consistently ranked as one of the best cities to live in, not just in Illinois, but also across the Midwestern U.S., for its award-winning schools and libraries, nationally recognized economic development, and safe community. The Property benefits from a 1-mile average household income of $150,000, nearly two times the national median. The Property also has a 5-mile population of 224,000+ and a 1-mile median home value of $497,000.
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
