OFFERS REQUESTED BY MONDAY, MAY 5, 2025 – 5:00PM EDT
OPENING AUGUST 2025
duly Health and Care
SCHAUMBURG MULTI-SPECIALTY MOB
1325 N Meacham Road | Schaumburg, IL
CALL FOR OFFERS
MAY 5
100K SF MOB for Duly Health & Care with 18 Year NNN Lease Term
CBRE
THE OFFERING
ADDRESS:
1325 N Meacham Road
Schaumburg, IL 60173
TOTAL SIZE:
100,000 RSF
YEAR BUILT/RENO:
1978/August 2025
OCCUPANCY:
100%
LEASE EXPIRATION:
August 2043 (18 Years)
CERTIFICATE OF NEED:
Yes
YEAR 1 NOI:
$3,412,512
RENT PSF:
$34.13/sf/yr NNN
ANNUAL ESCALATIONS:
2.00%
CBRE U.S. Healthcare Capital Markets is pleased to exclusively offer the opportunity to acquire Duly Health & Care Schaumburg Multi-Specialty MOB (the “Property”), a 100,000 square foot, comprehensive center for outpatient services. The facility is in the process of being completely gutted and customized for Duly Health & Care’s (“Duly”) needs with over $36.7 million in improvements and is projected to be opening in August 2025. Duly will offer 17 specialty services that include radiology, cardiology, orthopedics, plastic surgery, spine surgery, neurology, infusion, urology, rheumatology, primary care, physiatry, podiatry, lab services, imaging, and more. The facility will include specialized equipment that includes a linear accelerator, a CT scanner, three MRI machines, and three x-ray machines, making it the most comprehensive imaging facility for Duly Health & Care in the marketplace.
Duly chose this location due to its high-quality amenities and located within one of the largest retail corridors in northwest Chicago, adjacent to Costco Wholesale, Trader Joes, IKEA, and Nordstrom Rack which provides a desirable healthcare experience for patients and a fully-serviced work environment supporting recruitment and retention of employees. The city of Schaumburg features a highly desirable patient base with an average household income of over $141,000 (14% higher than the Chicago MSA).
Duly has been paying rent since April of 2024 and with the 18-year remaining, triple net lease term with 2% annual increases, the investment provides investors with a reliable and increasing cash flow for the foreseeable future.
INVESTMENT HIGHLIGHTS
- Full-Service Outpatient Center
- Market-Leading Medical Group in the Midwest
- Significant Capital Investment
- Favorable NNN Lease Structure with 18 Years of Term
- Strategic Location with Excellent Visibility and Access
- Heavy Certificate of Need (CON) Protections
- Premium Local Amenities
CBRE U.S. Healthcare Capital Markets
INVESTMENT SALES
Chris Bodnar
+1 720 635 2653
chris.bodnar@cbre.com
Brannan Knott
+1 443 983 6039
brannan.knott@cbre.com
Cole Reethof
+1 404 504 7864
cole.reethof@cbre.com
Mindy Berman
+1 617 899 0657
mindy.berman@cbre.com
DEBT & STRUCTURED FINANCE
Zack Holderman
+1 858 337 9412
zack.holderman@cbre.com
Jesse Greshin
+1 860 808 4810
jesse.greshin@cbre.com
CBRE Advisory & Transaction Services
LOCAL MARKET PARTNER
Meredith Oliver
+1 312 935 1904
meredith.oliver@cbre.com
The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click here: SUBSCRIBE
