Lenox Hill Radiology Lynbrook
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 Lynbrook (the “Property”), a 10,178 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.LHRLynbrook.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.LHRLynbrook.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 along New York State Route 27 (Sunrise Highway) offering an extremely visible and accessible location.
The facility is two miles west of the 455-bed Mount Sinai South Nassau, which sees over 450,000 patient visits annually, and near the 375-bed Catholic Health Mercy.
The facility was a build-to-suit in 2013, featuring women’s and general imaging along with two biopsy procedure rooms.
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