19801 Govenors Hwy, Flossmoor, IL 60422

As exclusive advisor, Colliers International is pleased to present the opportunity to acquire a 100% fee-simple interest in the Premier Center (“The Property”), a 14,834 square-foot Medical/Office Strip Center, situated on a 1.79-acre site in Flossmoor, IL (Chicago MSA).
The Premier Center is 92% occupied to a unique mix of Medical and Professional service tenants. The Property boasts overall weighted average lease term remaining of over 7-years. Medical specific tenants occupy more than 74% of the total GLA. All leases are triple-net structured with each tenant being responsible for its pro-rata share of real estate taxes, management fee, insurance, and common area maintenance.
Built in 2010, the Property features a sleek, modern brick and stone façade design with excellent visibility and easy access to Governors Hwy, the area’s main thoroughfare. The Property is centrally located within 10-miles of three major area hospitals, the Premier Center
services a Southwestern suburb of Chicago with a dense residential population of more than 655,000 people within a 10-mile radius. The Property benefits from easy access to and from I-57 and Hwy-30 and is located within close proximity to Olympia Fields Country Club, home to the PGA Tour’s BMW Championship.
The Property’s unique tenancy creates cross-synergies with the tenants regularly referring business to each other. The largest tenant, St. Ignatius Surgical Services/ Premier Orthopedic & Hand Center, which occupies over 47% of the total GLA, will be signing a fresh 10-year lease with 2% annual increases upon close of escrow. St. Ignatius Surgical Services/ Premier Orthopedic & Hand Center spent $725,826 in TI to build out their highly specialized space, which includes a Tier-1 Surgical Suite with a Certified Operating Room. Other tenants include Athletico Physical Therapy, Edward Jones, Olympia Foot & Ankle, & Vasilatos Injury Law who have all recently signed lease extensions demonstrating their long-term commitment to the Property.
In addition, the Premier Center offers investors immediate upside through the lease up of the last remaining 1,250 SF suite, which features excellent visibility and direct frontage along Governor’s Highway.

Anchor tenant, St. Ignatius Surgical Services/Premier Orthopedic & Hand Center spent $725,826 in TI, and both tenants will sign a fresh 10-year lease with 2% annual increases upon close of escrow
Medical specific tenants occupy more than 74% of the total GLA
Average lease term remaining of over 7-years, limiting nearterm leasing responsibility and associated capital costs
Cross-synergies throughout the tenant line-up promoting referral business to each other
Healthcare properties are highly sought-after for their e-commerce and recession resistance
Dense residential population of more than 655,000 people within a 10-mile radius
NNN lease structures, that reimburse for CAM, taxes, and insurance
Immediate upside potential through the lease up of the last remaining 1,250 SF suite, which features excellent visibility and direct frontage along Governor’s Highway