Advocate Health Care | Morton Grove, IL

Single-tenant medical office building leased to investment-grade Advocate Health & Hospitals Corporation (S&P: AA) under a net-lease with more than 7 years of remaining term, 2.75% annual rental increases, and two 5-year renewal options
Advocate has operated at this location for over 20 years, demonstrating a strong and stable presence within the market and is one of the top 12 not-for-profit health systems
The property has seen multiple capital improvements over the last 12 months such as; complete roof replacement (20-year transferable warranty), parking lot replacement (tenant paid), exterior tuckpointing, and more
The property is strategically positioned along Dempster Street, a major retail thoroughfare in Morton Grove. The site benefits from access and excellent visibility with a traffic count over 31,119 vehicles per day