5340A W 159th St, Oak Forest, IL 60452
Freestanding medical facility with direct US Route 6 frontage and a long-term net lease to Fresenius Medical Care.
- Added:
- May 29, 2026
- Days on Market:
- 9
- Last Refresh:
- Jun 6 at 2:26 am
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 agent Brian Brockman License #BRK.200900214
Listing office Bang Realty (888) 737-2264
Listing date May 29, 2026
Source Crexi
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
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.
- Lease includes 2.1% annual rent escalations (average) through the remaining term, plus (3) five‑year renewal options with 2.0% annual escalations.
- Tenant pays property taxes, insurance, utilities, landscaping, and most site maintenance under the net lease structure, limiting landlord operating exposure.
- Lease is guaranteed by Fresenius Medical Care Holdings, Inc., with Fresenius operating 3,600 outpatient clinics globally.
Overview
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.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Oak Forest
- County
- Cook
- State
- Illinois
- Longitude
- -87.750083
- Latitude
- 41.603093