Freestanding Dialysis
230 W South St Kewanee, IL 61443
230 W South St, Kewanee, IL, 61443
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For Sale
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Freestanding NNN leased medical facility leased to Dialysis Centers of America, LLC through Jan. 2027.
Days on Market102
Property Features for 230 W South St
General Information
- Standard status
- Active
- Property subtype
- Office
Listing agency
SRS Real Estate Partners Newport Beach
Listed by
Stephen Sullivan · License #CA 01939096
Source
Crexi
Added: Apr 12 Updated: Jul 22 at 6:32PM Checked: Jul 22 at 6:32PM
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 SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
This is a freestanding, NNN leased medical property offered on a fee-simple basis. The building is leased to Dialysis Centers of America, LLC, which extended the lease through January 2027, with two additional five-year options remaining. The lease is corporately guaranteed and structured as an NNN arrangement with limited to zero landlord responsibilities.
The property is located near the hard-corner intersection of W South St and U.S. Highway 34, a major retail thoroughfare serving Kewanee. The immediate area includes nearby retailers such as Dollar General, Menards, Goodwill, Starbucks, and Taco Bell, and the subject is across from a Walmart Supercenter.
The property’s trade area is supported by nearby retail and multifamily development, including Midland-South Apartments. The offering also describes a lease with fair market value rental increases at the beginning of each option period.
The property is located near the hard-corner intersection of W South St and U.S. Highway 34, a major retail thoroughfare serving Kewanee. The immediate area includes nearby retailers such as Dollar General, Menards, Goodwill, Starbucks, and Taco Bell, and the subject is across from a Walmart Supercenter.
The property’s trade area is supported by nearby retail and multifamily development, including Midland-South Apartments. The offering also describes a lease with fair market value rental increases at the beginning of each option period.
Key Highlights
- NNN leased, freestanding Fresenius medical facility with fee simple land & building ownership
- Lease with Dialysis Centers of America, LLC extended through Jan. 2027, with two additional 5‑year options
- Corporate‑guaranteed lease featuring Fair Market Value rental increases every 5 years at option periods
Property Analytics
Location Intelligence
Current Use by Public Records
Fresenius Kidney Care ...
Medical Clinic
FAQs
What type of property is this?
Medical center - Freestanding NNN leased medical facility leased to Dialysis Centers of America, LLC through Jan. 2027.
Where is this medical center located?
The property is located at 230 W South St Kewanee, IL.
What are key features of this property?
This property features: NNN leased, freestanding Fresenius medical facility with fee simple land & building ownership; Lease with Dialysis Centers of America, LLC extended through Jan. 2027, with two additional 5‑year options; Corporate‑guaranteed lease featuring Fair Market Value rental increases every 5 years at option periods
