Lenox Hill Radiology Levittown - Long Island, NY
15 Year Master Leased Diagnostic Imaging Center Operated by RadNet (NASDAQ: RDNT)
Marketing description
CBRE U.S. Healthcare Capital Markets is pleased to exclusively offer the opportunity to acquire Lenox Hill Radiology Levittown (the “Property”), a 12,315 square foot, comprehensive diagnostic center on Long Island, New York. Lenox Hill Radiology is a wholly owned subsidiary of RadNet (NASDAQ: RDNT | S&P: B+), the largest provider of outpatient diagnostic imaging services in the United States.
To view the full Offering Memorandum, please access the external CBRE website to sign the Confidentiality Agreement and immediately gain access to the marketing package: http://www.LHRLevittown.com
Investment highlights
View the full Offering Memorandum by copying and pasting the link to sign the Confidentiality Agreement and immediately gain access to the marketing package: http://www.LHRLevittown.com
The 15-year, absolute triple net lease term with 3.0% annual increases provide investors with a reliable and increasing cash flow for the foreseeable future.
Long-term, 15-year Master Lease through January 2041.
Located on Hempstead Turnpike (47K VPD) with convenient access to Wantagh State Pkwy and Interstate-135.
Situated two miles west of the 1,058-bed Nassau University Medical Center, which sees 250,000 patients annually, and two miles east of the 203-bed Catholic Health St. Joseph Hospital.
The facility was a build-to-suit in 2014, featuring women’s imaging on the first floor and advanced imaging services on the second floor, with specialized equipment that includes three MRI machines, one CAT, one PET/CT, two X-rays, five sonograms, and two mammograms.
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