Signature Medical Group Orthopaedic Medical Building

Signature Medical Group Orthopaedic Medical Building. The subject property is a 10,600-square-foot, multi-tenant medical office building that is 100 percent occupied by three tenants including St. Charles Orthopaedic Surgery Associates (SCOSA), Health Care Billing of St. Charles (HCB), and Excel Sports & Physical Therapy. All new 7 year triple-net (NNN) leases. Significant rent growth exists as each tenants rent escalates 2.00 percent annually. This healthcare facility is ideally located in the affluent St. Louis suburb of O' Fallon, Missouri. O' Fallon has consistently been named Money Magazine' s 100 Best Places to Live . Its location near the confluence of two interstate highways makes it a hub for major employers, including CitiMortgage, MasterCard, and SunEdison. Since 1990, the city' s population has more than quadrupled. The five-mile population surrounding the location is 123,532 residents with the area expecting an 11.36 percent (14,043 residents) increase in population within the next five years. Average household income within a one-mile radius of the property is $108,977.