Well, there are some known issues with the 3rd gens, but the '011/5.4L models were pretty solid vehicles overall.
If you search the threads, you can find out the details about any particular issue, but a lot of them are about the power running boards & how much it cost to fix/replace them.....my local stealerships quoted me $2600, since they only sell them as complete installed sets with the boards, motors, brackets & control shafts.....but you can find replacement parts for good prices online & DYI it if you can swing a wrench
One other issue that seems to be somewhat common is with rust developing along the inside of the frame member that goes along the inside of the passenger section of the doors. It has been mentioned that it's from a bad design of the drains for the sunroof (if so equipped) where all the water is routed down along the body to that area but not diverted directly onto the ground... if it's caught early, it is a fairly easy DIY fix, if not then a more involved process of cutting out the bad parts & replacing them with new pieces would be necessary, or alternatively, capping off the outside area by welding/screwing/riveting on new panels over the existing area & then sealing & undercoating underneath will do the job also...
On the spark plugs, 100-150K is about when they typically start to go, but that will depend alot on the previous owner's driving & maintenance habits, and the quality of the gas used...mine now has ~87K on it and shows no signs of needing new plugs or coils at the moment. HOWEVER, if you want or feel the need to replace the plugs, you should consider doing the coils & boots while you're in there, since you have to remove/move them and several other things out of the way to get to the back 4 plugs....but don't attempt this unless you have the know-how & the proper tools....if not then get someone to do it for you who does....
And I would recommend getting copies of all the service records, so you will know exactly what has or has not been done to it and when...
Finally, I would try to wiggle that price down a bit, since I bought my '011 EL with only 67K in excellent condition for only a few $$ more....