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3401 Heartland St - UROLOGY INSTITUTE

5,000 SF Health Care Building Offered at £1,562,925 at a 7.18% Net Initial Yield in Marion, IL 62959

Investment Highlights

  • LONG-TERM ABSOLUTE TRIPLE-NET (NNN) LEASE – 15-Year Lease Term: Secure and stable income for an extended period.
  • Growing Sector: Urology is a vital and specialized medical field with consistent demand driven by aging populations.
  • Tenant-Backed Assurance: Lease personally guaranteed by the tenant, offering additional security and financial backing.
  • Absolute NNN Structure: No landlord responsibilities for taxes, insurance, or maintenance, providing a truly passive investment opportunity.
  • Resilient to Economic Downturns: Healthcare properties often perform well regardless of economic cycles.

Executive Summary

Matt Fitzgerald
License No. 478027547 (IL)
(866) 889-0550
Matthews Real Estate Investment Services, Inc.
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Price £1,562,925 Building Size 5,000 SF
Price Per Bed £1,562,925 No. Beds 1
Sale Type Investment Number of Floors 1
Net Initial Yield 7.18% Year Built 2000
Property Type Health Care
Price £1,562,925
Price Per Bed £1,562,925
Sale Type Investment
Net Initial Yield 7.18%
Property Type Health Care
Building Size 5,000 SF
No. Beds 1
Number of Floors 1
Year Built 2000

Links

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(612) 605-8201

Contacts

  • Listing ID: 34346333

  • Date on Market: 02/01/2025

  • Last Updated:

  • Address: 3401 Heartland St, Marion, IL 62959

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Michael Stoffel

(612) 605-8201

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Kurt Sauer

(866) 889-0550

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Jacob Friedman

(847) 204-7103

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