Fresenius Medical
For Sale
Contact for pricing
725 North Seminary Street, Galesburg, IL 61401
Newly constructed dialysis facility positioned across from Galesburg Cottage Hospital in central Illinois.
Property SizeContact for details
Days on Market146
Property Features for 725 North Seminary Street
General Information
Standard status
Active
Property subtype
Office
Building Details
Year Built
2019
Buildings
1
Construction
brick
Tenancy
Single
Listing Agency:
CBRE - Oak Brook
Listed By:
Michael Kaider · License #IL 475154630
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 29 at 1:53PM
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 CBRE - Oak Brook
Investment Insights
Based on property information with market context.
This medical center is a newly constructed brick dialysis facility completed at the beginning of January 2019. Operations commenced on January 14th under a lease supported by a corporate guaranty, with a 15-year initial term, 3% annual rent increases, and three 5-year renewal options.
The property is located at 725 North Seminary Street in Galesburg, Illinois, directly across from Galesburg Cottage Hospital. The 173-bed hospital is one of two hospitals serving Knox County; OSF St. Mary’s Medical, an 81-bed hospital, is approximately two miles north. The facility is also identified as the only dialysis center within 16 miles, providing a defined service area in the surrounding community.
The property is located at 725 North Seminary Street in Galesburg, Illinois, directly across from Galesburg Cottage Hospital. The 173-bed hospital is one of two hospitals serving Knox County; OSF St. Mary’s Medical, an 81-bed hospital, is approximately two miles north. The facility is also identified as the only dialysis center within 16 miles, providing a defined service area in the surrounding community.
Key Highlights
- New brick construction completed at the beginning of January 2019
- Lease commenced January 14th with a 15‑year base term
- 3% annual rent increases and three 5‑year renewal options
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
485
Businesses Nearby
Explore this area
Business Placement
Demographics for 61401, IL
31,169
Population
15,449
Households
2
Avg Household Size
43
Median Age
21%
College-Educated
89%
High-School Grad
122.9 sq mi
ZIP Area
254
Density / Sq Mi
$47,728
Median Household Income
$30,501
Median Earnings
$724
Median Rent
$94,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Medical center - Newly constructed dialysis facility positioned across from Galesburg Cottage Hospital in central Illinois.
Where is this medical center located?
The property is located at 725 North Seminary Street Galesburg, IL.
What are key features of this property?
This property features: New brick construction completed at the beginning of January 2019; Lease commenced January 14th with a 15‑year base term; 3% annual rent increases and three 5‑year renewal options
