Property details
Itasca, illinois
Option Care Health
Investment type
Net Lease
Asset Class
Medical
Ownership Structure
Delaware Statutory Trust (DST)
Year Acquired
2020
Investment Summary
The property is an approximately 50,000 square foot, newly constructed medical office/pharmaceutical facility in Itasca, Illinois leased to Option Care Health. Option Care Health is the nation’s leading provider of home and infusion services and is publicly traded (NASDAQ: OPCH). The property will serve as Option Care’s central U.S. compounding and specialty pharmacy, innovation center, and showroom.
Syndicated structured its acquisition as a Delaware Statutory Trust (DST) to accommodate investors completing a Section 1031 Exchange.
