BIG HOLLOW MEDICAL BUILDING 6615 N BIG HOLLOW ROAD PEORIA | IL

MEDICAL OFFICE OPPORTUNITY HTRETAIL.COM LEAD AGENTS

JOHN PRZYBYLA Managing Director Managing Broker IL 471.010441 Direct: (312) 361-1643 [email protected]

DREW MCELLIGOTT Senior Vice President Direct: (312) 548-6743 [email protected]

In Association with:

5001 N. University Street Peoria, IL 61614 P: +1 309.692.1135

TOM CAMPER Direct: (309) 256-1020 WILLIAM QUINN HAYES Direct: (309) 643-0717

DISCLAIMER Horvath & Tremblay has been engaged by the owner of the property to market it for sale. Information concerning the property described herein has been obtained from sources other than Horvath & Tremblay and we make no representations or warranties, express or implied, as to the accuracy or completeness of such information. Any and all references to age, square footage, income, expenses and any other property specific information are approximate. Any opinions, assumptions, or estimates contained herein are projections only and used for illustrative purposes and may be based on assumptions or due diligence criteria different from that used by a buyer. Buyers should conduct their own independent investigation and rely on those results. The information contained herein is subject to change. Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the free- INVESTMENT HIGHLIGHTS standing medical office building located at 6615 N Big Hollow Road in Peoria, (the 3 “Property”). The Property consists of a 14,567 square foot building on a 2.1-acre parcel with 80 parking spaces. The Big Hollow Medical Building is 100% leased to three tenants, Allergy and Asthma of Illinois, Greatest Assets and The Antioch Group, a provider of counseling and mental health services.

The Property is well located in a densely populated area with convenient access to the area’s primary freeways including War Memorial Drive (IL-150), IL Route 6, and . Peoria, with a population of 182,000 residents, is the 2nd largest city in after Springfield, the state capital. It is the principal city of the Peoria MSA in Central Illinois, consisting of the counties of Marshall, Peoria, Stark, Tazewell, and Woodford, which has a population of 380,000 people.

■■ MEDICAL OFFICE BUILDING: 6615 N Big Hollow Drive is a strategically located medical office building constructed in 2000 that is leased to three medical tenants well suited to serve area residents.

■■ ESTABLISHED TENANTS: ◊ Allergy & Asthma Associates of Illinois has been in occupancy for over 19 years (since the building’s completion in 2000). They will execute a new 10-year lease at the close of escrow. ◊ The Antioch Group was founded in 1996 and relocated to the Property to meet their occupancy needs in 2001. Their current lease term expires in June 2023. ◊ Greatest Assets is a new tenant to the building. They will execute a 5-year lease at $8.00 PSF NNN to commence at the close of escrow.

■■ STRATEGIC MEDICAL OFFICE LOCATION: ◊ CONVENIENT ACCESS: The medical office building is strategically located to serve the Peoria area residents with convenient access to War Memorial Drive (IL-150), , Interstate 74 and Interstate 474. ◊ HEALTH CARE DRIVER: The Property is centrally located within 5 miles of two major regional health care providers – OSF Healthcare Saint Francis Hospital (616 beds) and UnityPoint Health Methodist Hospital (353 beds). ◊ LOCATION DRIVERS: The Property is located adjacent to the Willow Knolls Shopping Center trade area and in close proximity to The Shoppes at Grand Prairie trade area at Exit 6 on the Illinois Route 6 freeway.

■■ STRONG DEMOGRAPHICS: Over 86,000 people live within a 5-mile radius of the Property with an average household income of $84,709, with the immediate area, within 1 mile of the Property, having an average household income of over $101,000.

■■ TRAFFIC COUNTS: On average, over 36,000 vehicles per day pass the Property at the nearby intersection of Big Hollow Road and War Memorial Drive.

■■ RETAIL TRADE AREA: Additional retailers drawing residents to the area include CVS, A+ Children’s Academy (preschool), Sam’s Club, Kohl’s, Office Depot, KBL Home Design Center, La-Z-Boy, Home Depot, Dick’s Sporting Goods, Hy-Vee Supermarket, Marshalls, Applebee’s, Hardee’s, Olive Garden, Arby’s, McDonald’s, Starbucks, Longhorn Steakhouse, TGI Fridays, GQT Willow Knolls 14-screen and AMC 18-screen movie theaters. Additional medical providers include Proctor Urgent Care, UnityPoint Medical Clinic, VA Outpatient Clinic, Peartree Family Medical Center, Advanced Correctional Healthcare, Smile Direct Club and Reed John Oral Surgery. FINANCIAL OVERVIEW 4

6615 NORTH BIG HOLLOW ROAD | PEORIA, IL 61615

PROPERTY TYPE: Medical Office Building OWNERSHIP: Fee Simple YEAR BUILT: 2000 BUILDING GLA: 14,567 SF LIST PRICE: $2,500,000 LANDLORD RESPONSIBILITIES: Roof, Structure & HVAC CAP RATE: 8.53% PARCEL SIZE: 2.10 Acres PARCEL ID: 13-13-101-002 NOI: $213,139 PARKING: 80 Spaces PARKING RATIO: 5.5 /1,000 SF OCCUPANCY: 100.00%

TENANTS SQ FT % OF GLA ANNUAL RENT RENT PSF LEASE TYPE RENT INCREASES COMMENCE EXPIRATION OPTIONS

ALLERGY & ASTHMA OF ILLINOIS 5,135 35.25% $86,268 $16.80 NNN Flat At Closing (1) 10 Year Term None

GREATEST ASSETS 1,815 12.46% $14,520 $8.00 NNN Flat At Closing (1) 5 Year Term None

THE ANTIOCH GROUP OF PEORIA 7,617 52.29% $112,351 $14.75 NNN Flat 07/01/2018 06/30/2023 None

TOTAL 14,567 100.00% $213,139

(1) The Allergy & Asthma of Illinois and Greatest Assets lease terms will commence at the Close of Escrow. INCOME & EXPENSES 5

INCOME

Annual Base Rent $213,139

Common Area Maintenance $13,097

RE Taxes $39,222

Insurance $4,397

Total Revenue $269,855

EXPENSES

Common Area Maintenance $13,097

RE Taxes $39,222

Insurance $4,397

Total Expenses $56,716

NET OPERATING INCOME $213,139 TENANT OVERVIEW 6

Allergy & Asthma of Illinois SC, founded in 1996, offers patients treatments for The Antioch Group of Peoria, founded 1996, provides an array of counseling and allergies and asthma. The company’s main offices are located on Big Hollow mental health services for a wide variety of issues from depression and anxiety Road in Peoria Illinois and and it has additional satellite locations in the Perry to autism, eating disorders, drug abuse, and marriage counseling. The Antioch Memorial Hospital building in Peoria; the Medical Arts Building in Macomb, Group of Peoria operates out of its Big Hollow Medical Building office in Peoria, Illinois; and OSF Saint Francis Medical Center in Perkins, IL. Illinois. TENANT PROFILE TENANT PROFILE Tenant: Allergy & Asthma of Illinois SC Tenant: The Antioch Group of Peoria No. of Locations: 4 No. of Locations: 1 Ownership: Private Ownership: Private Year Founded: 1996 Year Founded: 1996 Headquarters: Peoria, IL Headquarters: Peoria, IL Website: www.allergyandasthmaofillinois.net Website: www.antiochgroup.com SPECIALTIES ■■ Asthma SPECIALTIES ■■ Nasal Allergies/Sinusitis ■■ Adult Counseling & Psychotherapy ■■ Allergic Skin Conditions ■■ Marriage & Family Counseling ■■ Eczema (Atopic Dermatitis) ■■ Treatment of Children & Adolescents ■■ Hives ■■ Traumatic Stress ■■ Angioedema ■■ Coaching ■■ Food Allergy ■■ Forensic Services ■■ Stinging Insect Allergy ■■ Evaluation & Testing ■■ Medication Allergy ■■ Addiction Services ■■ Immunodeficiency LOCATION OVERVIEW 7 PEORIA | IL 185,500+ PEOPLE WITHIN 10 MILES

$84,500+ AVERAGE HOUSEHOLD INCOME

OVERVIEW 3 MILES 5 MILES 10 MILES Peoria, with a population of 182,000 residents, is the 2nd largest city in Central Illinois after Springfield, the state capital. It is the principal POPULATION city of the Peoria MSA in Central Illinois, consisting of the counties of 2019 Estimate 34,872 86,441 185,988 Marshall, Peoria, Stark, Tazewell, and Woodford, which has a population of 380,000 people, making it the 3rd largest metropolitan area in the 2024 Projection 32,492 80,235 176,402 state after and the Metro-East portion of St. Louis. 2010 Census 36,026 89,212 191,159 Known as the oldest community in Illinois, Peoria is exactly halfway between Chicago and St. Louis (150 miles from each). The city has BUSINESS become famous as a representation of the “Average American City” because of its demographics and its perceived mainstream Midwestern 2019 Est. Total Business 2,297 4,198 8,917 culture. The city is home to a United States courthouse, the Peoria Civic Center (which includes Carver Arena), and Caterpillar Inc., one of the 2019 Est. Total Employees 28,347 48,350 132,080 30 companies comprising the Dow Jones Industrial Average with over 15,000 employees. HOUSEHOLDS A major port on the , Peoria is a trading and shipping 2019 Estimate 16,558 39,558 80,248 center for a large agricultural area that produces maize, soybeans, 2024 Projection 16,449 39,207 80,741 and livestock. Although the economy is well diversified, the city's traditional manufacturing industries remain important and produce, 2010 Census 16,152 38,540 77,935 earth-moving equipment, metal products, lawn-care equipment, labels, steel towers, farm equipment, building materials, steel, wire, INCOME and chemicals. Average Household Income $85,849 $84,709 $78,242 The health care industry has also become a major part of Peoria’s economy, accounting for at least 25% of the workforce. The city has Median Household Income $66,447 $67,065 $62,137 two major hospitals: OSF Saint Francis Medical Center and UnityPoint Health Methodist. In addition, the Children’s Hospital of Illinois, the University of Illinois College of Medicine at Peoria, and the Midwest Affiliate of St. Jude Children’s Research Hospital are located in the city. The USDA’s National Center for Agricultural Utilization Research, formerly called the USDA Northern Regional Research Lab, is located in Peoria. PROPERTY PHOTOGRAPHS 8 PROPERTY PHOTOGRAPHS 9 SITE PLAN 10

N BIG HOLLOW RD AERIAL PHOTOGRAPH 11

N BIG HOLLOW RD AREA LOCATION MAP 12

BIG HOLLOW MEDICAL BUILDING AREA LOCATION MAP 13

THE SHOPPES AT GRAND PRAIRIE

BIG HOLLOW MEDICAL BUILDING

N FROSTWOOD PKWY

A+ CHILDREN'S ACADEMY

N BIG HOLLOW RD REGIONAL MAP 14

BIG HOLLOW MEDICAL BUILDING 6615 N BIG HOLLOW RD | PEORIA, IL HTRETAIL.COM