UChicago Medicine Ingalls Medical Building
Sold - $3,000,000
Daughrity Real Estate is pleased to announce the sale of UChicago Medicine Ingalls Medical Building, a portfolio of three medical office buildings located in Chicago, IL. Two properties are single-tenant and one property is a multi-tenant medical office building. The assets measure a total of 14,967 square-feet and are 100% occupied under either triple net or modified net leases with varying landlord and tenant responsibilities. The properties have varying lease expirations and with a portfolio weighted average lease term remaining of 8.53 years as of October 2020. All locations account for rental escalations throughout the base lease term.