Surgical Center with NNN
For Sale
Contact for pricing
741 Insight Ave, O Fallon, IL 62269
New 8,540 SF Class A surgical center offered with a 10-year absolute NNN lease and 2% annual increases.
Property Size8,540 SF
Days on Market122
Property Features for 741 Insight Ave
General Information
Standard status
Active
Size
8,540 SF
Class
A
Property subtype
Office
Building Details
Tenancy
Single
Listing Agency:
Gateway Commercial Real Estate
Listed By:
Terry Heimann · License #IL 475152122
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 20 at 8:50PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gateway Commercial Real Estate
Investment Insights
Based on property information with market context.
The O’Fallon IL Surgical Center is a new Class A medical facility comprising 8,540 square feet of space designed for ambulatory surgery operations. The ownership will execute a 10-year absolute NNN lease at closing, with two percent (2%) annual rent increases and four (4) five-year renewal options. Under the absolute NNN structure, the tenant is responsible for monthly rent and the property expenses, including insurance premiums, property taxes, and building maintenance and repairs (including the structure and roof).
The offering includes the note that the operator, Dr. Shakeel Ahmed, is the majority owner and is described as an established multi-unit healthcare provider. The remarks also reference a required Illinois CON (Certificate of Need) process for ambulatory surgery centers, which includes extensive approvals and documentation.
This is a purpose-built, long-term lease arrangement with options, presented for sale at the address listed: 741 Insight Ave, O’Fallon, IL 62269.
The offering includes the note that the operator, Dr. Shakeel Ahmed, is the majority owner and is described as an established multi-unit healthcare provider. The remarks also reference a required Illinois CON (Certificate of Need) process for ambulatory surgery centers, which includes extensive approvals and documentation.
This is a purpose-built, long-term lease arrangement with options, presented for sale at the address listed: 741 Insight Ave, O’Fallon, IL 62269.
Key Highlights
- New O’Fallon IL Surgical Center with 8,540 SF of Class A medical space
- Owner will sign a 10‑year absolute NNN lease at closing, with four (4) - five (5)-year options
- Absolute NNN structure: tenant responsible for monthly rent plus expenses including insurance, property taxes, building maintenance and repairs, including structure and roof
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
32
Businesses Nearby
Explore this area
Business Placement
Demographics for 62269, IL
36,068
Population
14,616
Households
2.5
Avg Household Size
38
Median Age
51%
College-Educated
97%
High-School Grad
29.8 sq mi
ZIP Area
1,210
Density / Sq Mi
$100,167
Median Household Income
$58,724
Median Earnings
$1,258
Median Rent
$274,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Medical center - New 8,540 SF Class A surgical center offered with a 10-year absolute NNN lease and 2% annual increases.
Where is this medical center located?
The property is located at 741 Insight Ave O Fallon, IL.
What are key features of this property?
This property features: New O’Fallon IL Surgical Center with 8,540 SF of Class A medical space; Owner will sign a 10‑year absolute NNN lease at closing, with four (4) - five (5)-year options; Absolute NNN structure: tenant responsible for monthly rent plus expenses including insurance, property taxes, building maintenance and repairs, including structure and roof
