Freestanding Absolute NNN
For Sale
Contact for pricing
456 Nelson Rd, New Lenox, IL 60451
Healthcare occupancy is supported by a corporate parent guarantee and a long-term absolute NNN lease structure.
Property SizeContact for details
Days on Market142
Property Features for 456 Nelson Rd
General Information
Standard status
Active
Property subtype
Office
Occupancy
100%
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
Zeustra Healthcare Real Estate Advisors
Listed By:
Ryan Lupo · License #NJ 2189708
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 10:29AM
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 Zeustra Healthcare Real Estate Advisors
Investment Insights
Based on property information with market context.
This freestanding medical facility at 456 Nelson Road in New Lenox, Illinois, is occupied by Neuragenex, a healthcare provider focused on non-surgical pain management. The property operates under an absolute NNN lease with a 20-year base term. Rent commenced on 3/15/2023, and the facility has been operational since March 2023.
Lease credit support includes a full parent company guarantee and a CEO personal guarantee with a burn-off provision. The operating location is staffed by physicians and other personnel and is configured for Neuragenex’s treatment model. The asset combines a healthcare use with a defined lease term and documented guaranty structure.
Lease credit support includes a full parent company guarantee and a CEO personal guarantee with a burn-off provision. The operating location is staffed by physicians and other personnel and is configured for Neuragenex’s treatment model. The asset combines a healthcare use with a defined lease term and documented guaranty structure.
Key Highlights
- 20‑year base term under an absolute NNN lease
- Full parent company guarantee supports the lease
- CEO personal guarantee includes a burn‑off provision
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
353
Businesses Nearby
Explore this area
Business Placement
Demographics for 60451, IL
36,561
Population
12,972
Households
2.8
Avg Household Size
39
Median Age
42%
College-Educated
98%
High-School Grad
25.2 sq mi
ZIP Area
1,451
Density / Sq Mi
$132,260
Median Household Income
$63,418
Median Earnings
$1,304
Median Rent
$373,100
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
NNN property - Healthcare occupancy is supported by a corporate parent guarantee and a long-term absolute NNN lease structure.
Where is this nnn property located?
The property is located at 456 Nelson Rd New Lenox, IL.
What are key features of this property?
This property features: 20‑year base term under an absolute NNN lease; Full parent company guarantee supports the lease; CEO personal guarantee includes a burn‑off provision
