ACTION BEHAVIOR CENTERS | 9+ YR LEASE | 892 S Frontenac St
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ACTION BEHAVIOR CENTERS | 9+ YR LEASE 892 S Frontenac St
6,280 SF 100% Leased Office Building Aurora, IL 60504 £1,695,098 (£270/SF) 6.75% Net Initial Yield
Investment Highlights
- Extremely Passive Investment – This long-term single tenant healthcare investment features a landlord friendly lease structure
- Sticky Tenancy – Autism Therapy practices rarely relocate due to difficulty retaining the same patients in a new location, and the high cost of moving
- Chicago MSA – Aurora is 2nd most populous city in IL, and part of the Chicago MSA. Chicago is the 3rd largest city in the United States.
- E-Commerce Resistant Tenant – Healthcare operators aren’t prone to the same competition that many retail tenants face.
- Billion Dollar Market for Autism Therapy – The U.S. applied behavior analysis market size was estimated to be $4 billion in 2023.
- Affluent Area with High Population – The 1-mile average household income in the area surrounding the property is over $129K/year
Executive Summary
Matthews Healthcare Division is excited to present a prime investment opportunity in a well-established autism therapy center located at 892 S. Frontenac St, Aurora, IL, in the affluent DuPage County, just outside of Chicago. The property is currently leased to Action Behavior Centers, which has over 9 years remaining on a 10-year lease, with two additional 5-year renewal options. With 2.50% annual rental increases, this investment not only offers a steady cash flow but also provides a reliable hedge against inflation. The 6,280 SF building, constructed in 2009, sits on a 1.08-acre lot in an area known for its high household incomes, averaging over $130K per year, and a dense population of over 259,000 residents within a 5-mile radius.
Action Behavior Centers is a rapidly growing company with over 270 locations across multiple states, including Texas, Arizona, Colorado, Illinois, North Carolina, and Minnesota. Backed by Charlesbank Capital Partners, which acquired the business for $840 million in 2022, the tenant’s strong financial backing and expansion plans further enhance the security and potential growth of this investment. With the global autism therapy market expected to grow to $6 billion by 2030, this opportunity offers investors not only a stable income but also a stake in a rapidly expanding and crucial sector of healthcare.
Broker of Record
Matthew M. Fitzgerald
License No. 471021676 (IL)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Action Behavior Centers is a rapidly growing company with over 270 locations across multiple states, including Texas, Arizona, Colorado, Illinois, North Carolina, and Minnesota. Backed by Charlesbank Capital Partners, which acquired the business for $840 million in 2022, the tenant’s strong financial backing and expansion plans further enhance the security and potential growth of this investment. With the global autism therapy market expected to grow to $6 billion by 2030, this opportunity offers investors not only a stable income but also a stake in a rapidly expanding and crucial sector of healthcare.
Broker of Record
Matthew M. Fitzgerald
License No. 471021676 (IL)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
6,280 SF
Building Class
B
Year Built
2009
Price
£1,695,098
Price Per SF
£270
Net Initial Yield
6.75%
NOI
£114,419
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
6,280 SF
Building FAR
0.13
Land Acres
1.08 AC
Zoning
Office- PDD - Office- PDD Planned Development District City of Aurora
Parking
25 Spaces (3.98 Spaces per 1,000 SF Leased)
Amenities
- Pond
- Signage
- Central Heating
- High Ceilings
- Natural Light
- Open-Plan
- Shower Facilities
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 07-29-413-044 | Improvements Assessment | £176,215 |
| Land Assessment | £50,216 | Total Assessment | £226,431 |
PROPERTY TAXES
Parcel Number
07-29-413-044
Land Assessment
£50,216
Improvements Assessment
£176,215
Total Assessment
£226,431
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Kyle Mackulak -
Michael Moreno -
Rahul Chhajed -
Matthews Real Estate Investment Services
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ACTION BEHAVIOR CENTERS | 9+ YR LEASE | 892 S Frontenac St
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