Property details

Single Tenant Medical Asset Portfolio, Southeast Region

Property Description

Single Tenant Medical Asset Portfolio

Approx. 60 single-tenant medical asset portfolio.

This is an off-market, confidential, controlled and deliverable property.

Priced at a FIRM 6.00% cap rate.

Almost all leases or NN and the terms are 10 or 15 year initial with five-year options to renew.

The portfolio price shown is an estimate only.

All locations were strategically identified with careful consideration to building size, population, average household income and other requirements.

The tenants are VERY strong - lenders have gladly loaned at 75% LTV from day 1.

20+ locations are already under contract at 6.00% cap rate with closing imminent.

19 of the sites (priced at $95M) are with a very strong, private international tenant.

31 of the sites (priced at $110M) are with a publicly held company.

The balance are similar and will be described further to approved principal buyers.

These are located in multiple states. The state shown is example only.

Buyer is primarily responsible for brokerage fees.



Net Lease Properties For Sale



About the Tenant

Mix of strong, private international & publicly held tenants

Images

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Highlights

Status:
Available
Price:
$250,000,000
Cap Rate:
6.00%
Rent Increases:
Inquire
 

Property Information

Property Type:
Net Lease
Industry Type:
Medical - Healthcare
Units/Spaces:
60
Purchase Tenure:
Fee Simple
 

Lease information

Tenant:
Single Tenant Medical Asset Portfolio
Lease Type:
NN
Lease Commencement:
06/01/2018
Lease Expiration:
06/01/2018
Lease Remaining:
15.0 years
Landlord Responsibilities:
Almost all are NN (some are also NNN)
Options:
Five-year options to renew (inquire)
 

Existing financing information

N/A

The information contained herein contains confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient will be prohibited. The information contained herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about the accuracy or completeness of the information. As a buyer, it is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this property to you depends on factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. We have no knowledge of this offering other than the information received from Seller or their representatives. We are neither your agent or an agent for the seller. We will not participate in the negotiation of the purchase price or attend the showing of this property. As a buyer, you will be required to indemnify us and hold us harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.