Local MD Urgent Care

The Snyder Carlton National Net Lease Team is pleased to offer investors the opportunity to acquire the single tenant net leased Local MD Urgent Care in Homewood, IL. Local MD Urgent Care operates 10 clinics across Illinois and Indiana offering immediate medical care at an affordable price.

The net lease has 8 years remaining on the primary term with three 5-year option periods, limited landlord responsibilities and 3% annual rent increases, making this asset is ideal for an investor seeking stable cash flows for years to come.

Local MD originally occupied ~70% of the building but recently expanded, occupying the entirety of the 4,200 SF building. The 0.82-acre parcel is strategically positioned as an outparcel to the Washington Park Plaza community center and is located on the hard corner signalized intersection of Halsted Road and Ridge Road, Homewood’s busiest retail areas. Nearby retailers include The Home Depot, Menard’s, Target, Jewel-Osco, T.J. Maxx, Ross Dress for Less, Best Buy, Bank of America, Walgreens, McDonald’s, Chick-fil-A, Chipotle, Panera Bread, Starbucks, Panda Express, Wendy’s, Popeyes and more.

Don’t miss out on this opportunity to purchase a single tenant net leased urgent care in the Chicago MSA (population exceeding 9.4 million) with a long-term lease, strong annual rent increases, and solid site fundamentals.

Available