Hopebridge Autism Therapy Clinic
Hopebridge Autism Therapy Clinic - Indianpolis, IN | Absolute NNN Lease | 6.86% CAP
Investment highlights
Absolute NNN Lease - The property is subject to an Absolute Triple Net (NNN) lease structure, ensuring all expenses—including taxes, insurance, and maintenance—are the sole responsibility of the tenant. As confirmed in Section 4.8 of the lease agreement, base rents are fully net to the landlord with no deductions. This structure provides true passive income and minimizes operational risk for the investor.
Strong and Growing Tenant - Hopebridge has demonstrated substantial expansion since 2020, increasing its footprint from 54 clinics in 6 states to over 100 locations across 12 states. This rapid growth highlights strong demand for its services and the company’s operational success. The tenant’s continued expansion supports long-term stability and income durability.
Below Replacement Cost - Priced at just $155 per square foot, the offering is significantly below current construction replacement costs. This pricing creates a compelling entry point with built-in equity. Investors benefit from reduced downside risk and strong value fundamentals.
Two-Parcel Configuration - The property includes two distinct parcels totaling 1.29 acres—one housing the main building and the second providing ample overflow parking. This layout enhances accessibility, functionality, and site flexibility. It also opens potential for future reconfiguration or development.
Below Market Rents with Limited Local Competition - The property is leased at below market rental rates, presenting a compelling opportunity for future upside. Within a 3-mile radius, there are only four office properties offering 5,000 square feet or more of contiguous office space. This limited local inventory supports strong tenant retention and long-term demand for similarly sized spaces.
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