1500 E Market St, Red Bud, IL 62278
Modern dialysis clinic with 7 patient stations and 2 nurse stations, fully leased on a new long-term term.
Property Features for 1500 E Market St
General Information
Building Details
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Investment Insights
Based on property information with market context.
The clinic includes 5,638 square feet with 7 patient stations, 1 private station in a separate room, and 2 nurse stations. The facility is located on E Market Street, approximately under one mile walking distance to Red Bud Regional Hospital, which provides 140 patient beds.
Illinois is described as a Certificate of Need (CON) state for dialysis, creating barriers to entry for competing dialysis providers through regulated planning for new services and construction.
Key Highlights
- 2014 build‑to‑suit dialysis facility, 100% leased to DaVita under a new 15‑year lease with 8.25 years remaining
- Corporately guaranteed DaVita lease with 10% rent increases every five years
- 5,638 SF dialysis clinic with 7 patient stations, including 1 private station in a separate room
Property Analytics
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Lease Details
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Trade Area within ½ mile
Demographics for 62278, IL
Market
Vacancy Rate% for Office in Midwest region