facebook
Traded Co logo
Submit

Community Healthcare Trust Acquires Medical Office Portfolio In Morris From Joliet Oncology-Hematology Associates

Property Image
SOLD

Illinois

See Similar Deals
Medical Office74,422 SF
the dealplayerscompscontact
Property Image
SOLD

Community Healthcare Trust Acquires Medical Office Portfolio In Morris From Joliet Oncology-Hematology Associates

1600 Us-6, Morris, IL, 60450

See Similar Deals
Medical Office74,422 SF
Contact now

Summary

ILLINOIS
Asset Type:Medical Office
Price Per Square Foot:$0
Total Square Footage:74,422 SF
Transaction Type:Sale

The property involved in this transaction is a four-building medical office portfolio located at 1600 W. Route 6 in Morris, IL 60450, with a total square footage of 74,422. This asset is part of the Morris market, fully leased to national healthcare tenants.

Summary of transaction details:

  • Property Type: Medical Office
  • Transaction Amount: Not disclosed
  • Address: 1600 W. Route 6, Morris, IL 60450
  • Market: Morris
  • Seller's Representative: Mike Wilson - Avison Young
  • Buyer: Community Healthcare Trust
  • Square Footage: 74,422

Erik Foster and Mike Wilson of Avison Young represented the seller, a partnership of physicians associated with Joliet Oncology–Hematology Associates Ltd. The buyer, Community Healthcare Trust, is based in Franklin, Tennessee.

Players

Mike Wilson
9 deals$98.9M volume(773) 405-8990
BROKER

Details

SOLD
IMAGE: 1600 Us-6, Morris, IL, 60450 MARKET: Morris ASSET TYPE: Medical Office SELLER'S REP: Mike Wilson - Avison Young BUYER: Community Healthcare Trust SF: 74422

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$0.00

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00