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19 Wolf Creek Dr, Swansea, IL, 62226

ENT Institute of Southern Illinois
$1,921,053

Key Information

Cap Rate
9.5%
$ per SF
$263
Tot. SF
7,300
Lot Size
1.93 Acres
Year Built
2000
Type
Healthcare
Occupancy
100%
NOI
$182,500

Highlights

  • High-Yield Absolute NNN Sale-Leaseback: The ENT Institute of Southern Illinois is operating under a 3-year absolute NNN lease, providing investors with truly passive ownership. The tenant is responsible for all operating expenses, taxes, insurance, and maintenance, eliminating landlord obligations and expense leakage.
  • Attractive Cap Rate: Offered at a 9.50% cap rate, the investment delivers strong current income relative to other medical office assets, appealing to investors seeking yield without operational complexity.
  • Essential, Specialty Medical Tenancy: ENT services are a core component of outpatient healthcare, driven by consistent patient demand, referral-based business, and repeat visits. Specialty medical practices such as ENT benefit from non-discretionary care needs and stable utilization across economic cycles.
  • Defensive Healthcare Asset Class: Medical office real estate remains one of the most resilient property types due to its reliance on essential services rather than consumer spending. Outpatient specialty practices continue to see sustained demand as care shifts away from hospital settings.
  • Established Practice Serving the Metro East Region: The tenant serves patients throughout the St. Louis Metro East and Southern Illinois markets, supporting long-term viability through a broad referral base and regional healthcare demand.
  • Strong Suburban Medical Location with Supportive Demographics: The property is located in Swansea, Illinois, with convenient access to Interstate 64 and surrounding communities throughout St. Clair County. The immediate trade area is supported by 113,321 residents within a 5-mile radius, while the 1-mile average household income exceeds $125,000, providing a strong demographic foundation for outpatient specialty medical services.
  • Low-Management, Short-Term Medical Investment: The combination of a short-term lease, absolute NNN structure, and medical tenancy makes this offering well-suited for investors seeking near-term income with minimal management while maintaining future flexibility at lease rollover.

Photos

Location

Agents

Broker of Record

Matthew M. Fitzgerald

License # 478027547, 471021676 (IL)
Matthews Real Estate Investment Services, Inc
600 W Fulton, Ste 100 Chicago, IL 60661