Single-Tenant Net-Leased Dialysis
5340A W 159th St Oak Forest, IL 60452
5340A W 159th St, Oak Forest, IL, 60452
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For Sale
Contact for pricing
Freestanding medical facility with direct US Route 6 frontage and a long-term net lease to Fresenius Medical Care.
Property Size7,310 SF
Lot Size1.80 Acres
Price / SF$455.27
Days on Market55
Property Features for 5340A W 159th St
General Information
- Standard status
- Active
- Size
- 7,310 SF
- Lot size
- 1.80 Acres
- Property subtype
- Retail, Office
Building Details
- Year Built
- 2013
Listing agency
Bang Realty
(888) 737-2264
Listed by
Brian Brockman · License #701472
Source
Crexi
Added: May 29 Updated: Jul 10 at 1:49PM Checked: Jul 21 at 7:06AM
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 Bang Realty
Investment Insights
Based on property information with market context.
The property is a freestanding, single-tenant dialysis clinic totaling approximately 7,310 square feet, located on about 1.8 acres. The building operates Monday through Saturday from 4:00 AM to 9:00 PM, reflecting a multi-day clinical schedule. The asset is leased on a long-term net basis to Fresenius Medical Care, with the lease extended through January 31, 2036 and approximately 9.75 years remaining at the time of offering. Under the net lease structure, the tenant is responsible for property taxes, insurance, utilities, landscaping, and the majority of site maintenance.
The clinic sits within an established suburban Chicago commercial corridor and has direct frontage on U.S. Route 6. Access is provided to Interstates 57 and 80, supporting convenient regional connectivity for patients, staff, and suppliers.
For buyers seeking a stabilized medical real estate asset, the lease is guaranteed by Fresenius Medical Care Holdings, Inc. (the U.S. operating arm of a global dialysis services provider). In-place annual base rent is supplemented by a contractual 3.0% management fee on base rent paid as additional rent, with total NOI listed as $216,322. Rent escalates annually by an average of 2.1% through the remaining term, followed by three five-year renewal options with 2.0% annual escalations.
The clinic sits within an established suburban Chicago commercial corridor and has direct frontage on U.S. Route 6. Access is provided to Interstates 57 and 80, supporting convenient regional connectivity for patients, staff, and suppliers.
For buyers seeking a stabilized medical real estate asset, the lease is guaranteed by Fresenius Medical Care Holdings, Inc. (the U.S. operating arm of a global dialysis services provider). In-place annual base rent is supplemented by a contractual 3.0% management fee on base rent paid as additional rent, with total NOI listed as $216,322. Rent escalates annually by an average of 2.1% through the remaining term, followed by three five-year renewal options with 2.0% annual escalations.
Key Highlights
- Freestanding ±7,310 SF dialysis clinic built in 2013 on ±1.8 acres with direct frontage on U.S. Route 6.
- Long‑term net lease to Fresenius Medical Care recently extended through Jan 31, 2036; 9.75 years remaining term.
- In‑place annual base rent is $210,021 ($28.73/SF) plus a contractual 3.0% management fee on base rent (currently $6,301), totaling $216,322 NOI.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $178.9k | $24.48 |
| − Vacancy | −$44.6k | −$6.10 |
| EGI | $134.4k | $18.38 |
| − OpEx | −$33.6k | −$4.60 |
| NOI | $100.8k | $13.79 |
7,310 SF · lease $24.48/SF/yr · vacancy 24.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.44M
$1.26M – $1.68M
NOI $100,793 @ 7.0% cap · market cap 3.03%
Second Best
Healthcare Medical
$1.38M
$1.21M – $1.61M
NOI $96,843 @ 7.0% cap · market cap 2.91%
Theoretical Best
Office A
$2.52M
$2.21M – $2.94M
NOI $176,667 @ 7.0% cap · market cap 5.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Fresenius Kidney Care ...
Medical Clinic
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FAQs
What type of property is this?
Medical center - Freestanding medical facility with direct US Route 6 frontage and a long-term net lease to Fresenius Medical Care.
Where is this medical center located?
The property is located at 5340A W 159th St Oak Forest, IL.
What is the asking price?
The asking price for this property is $3,328,000.
What are key features of this property?
This property features: Freestanding ±7,310 SF dialysis clinic built in 2013 on ±1.8 acres with direct frontage on U.S. Route 6.; Long‑term net lease to Fresenius Medical Care recently extended through Jan 31, 2036; 9.75 years remaining term.; In‑place annual base rent is $210,021 ($28.73/SF) plus a contractual 3.0% management fee on base rent (currently $6,301), totaling $216,322 NOI.
