PM Pediatrics - Mt. Prospect, IL

JLL is pleased to offer for sale the fee-simple interest in a brand-new urgent care facility leased to PM Pediatrics (PM) located in Mount Prospect, Illinois. PM Pediatrics, a preeminent provider of after-hours pediatric urgent care and one of the nation’s fastest-growing companies is expected to commence a 20-year lease on May 1st, 2021.

The asset is strategically located near Randhurst Village, a one million square foot recently redeveloped open-air mixed-use center featuring national and regional retailers, a 12-screen state-of-the-art cinema and a 140-room Hampton Inn hotel. This medical office-oriented investment offers investors the opportunity to acquire a property leased to an industry-leading tenant with minimal landlord responsibilities.

• Medical office + essential service oriented tenancy with corporate guaranty
• Highly trafficked suburban retail submarket
• Long-term net lease structure with minimal landlord responsibilities