Cushman & Wakefield’s Healthcare Capital Markets is pleased to present this investment opportunity for a premier Class A medical office building located at 1600 N Randall Rd, Elgin, IL (Randall Medical Pavilion). This property spans 95,436 square feet across 6.40 acres and boasts significant potential for value-add investors to enhance occupancy from the current rate of 55% and maximize income potential. The building features a weighted average lease term (WALT) of 5.59 years (weighted average tenure of 10.22 years), with tenants operating under triple net leases and annual rent escalations of 2.50-3.00%.

Strategically positioned in Elgin, IL, a prominent healthcare hub, this property benefits from its close proximity to major medical facilities such as Advocate Sherman Hospital, which is adjacent to the property. Advocate Sherman Hospital is renowned for its advanced trauma center and comprehensive medical services. Additionally, Northwestern Medicine Huntley Hospital, located about 10 miles to the northwest, offers a wide range of specialized medical care including cardiac and oncology services. Another key facility is Amita Health St. Joseph Hospital Elgin, approximately 4 miles to the southeast, known for its excellence in emergency medicine and critical care.

*** RESPONDING TO OFFERS AS COLLECTED ***