Cardiovascular Center

• Investment-Grade Health System: Endeavor Health (S&P:AA-), formed through the merger of NorthShore University HealthSystem and Edward-Elmhurst Health, operates nine hospitals and generates over $5 billion in annual revenue across the Chicagoland region.
• Strategic Chicago MSA Location: Located in Fox River Grove, IL, the asset benefits from its position within the affluent northwest suburbs of Chicago, a dense and highly desirable healthcare market with strong barriers to entry.
• Hospital-Adjacent Trade Area: The property sits minutes from Advocate Good Shepherd Hospital (±176 beds), anchoring the trade area’s healthcare ecosystem and reinforcing long-term medical demand along the Route 14 corridor.
• Jewel-Osco Shadow-Anchored Outparcel: As an outlot to a grocery-anchored center, the property benefits from daily-needs traffic, strong ingress/egress, and proven retail fundamentals at a signalized intersection.
• Stable Cash Flow: With 4.3 years of remaining lease term, the asset offers near-term income durability backed by an established outpatient operator.
• Annual Rent Growth: The lease features 3.00% annual rental escalations, creating consistent NOI growth and an effective hedge against inflation.
• Renewal Optionality: The lease includes two (5-year) renewal options, offering potential for extended occupancy and long-term income continuity.
• Medical Outpatient Use: As an outpatient clinical facility, the property benefits from healthcare’s continued migration away from hospital campuses toward convenient community-based care settings.
• Affluent Demographics: The surrounding northwest suburban Chicago trade area benefits from above-average household incomes, stable population density, and favorable healthcare demand drivers, supporting long-term tenant viability.