Springfield Clinic 1000 W Morton Ave

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Springfield Clinic property located in Jacksonville, Illinois. Springfield Clinic has occupied this location since 2020 and already extended the lease through September 2035 demonstrating their commitment. The lease includes scheduled rental escalations throughout the primary term and three 5-year renewal options. Additionally, it is absolute triple-net, presenting no landlord responsibilities. The property features a low absolute rent of $91,296.
The 7,000-square-foot building features visibility along Interstate 72, which sees over 17,200 vehicles per day and is a primary thoroughfare through Jacksonville, Illinois. The property benefits from frontage near several major national retailers, including The Home Depot, Walmart, Hy-Vee, JCPenney, Ace Hardware, Ashley Store, and Walgreens. Additionally, it is situated across from Illinois College – Jacksonville, home to more than 1,000 undergraduate students. The surrounding area also produces an average household income of $82,250 within a five-mile radius.
Springfield Clinic, LLP is an Illinois based healthcare and physicians’ system with headquarters located in the State’s Capital. Originally founded in 1939, Springfield Clinic today has over 3,000 employees located in 90 facilities across 20 counties throughout the State. As a physician owned and led organization, Springfield Clinic’s 650 physicians and advanced practitioners deliver care in over 80 medical specialties and sub-specialties and was one of the first multi-specialty medical clinics to form in downstate Illinois. In addition to the many clinic locations the organization operates, Springfield Clinic provides physician care for a number of different specialties at the 500 bed Springfield Memorial Hospital as well.