Progressive Health
Office | 8.00% CAP | 88,247 SqFt
Marketing description
SRS Real Estate Partners, LLC is pleased to present the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased healthcare investment located in Houston, Mississippi. The tenant, Progressive Health of Houston, LLC, recently signed a brand-new 20-year lease with two (2) additional 5-year renewal options, demonstrating their long-term commitment to the property. The lease features 2.5% annual rental increases throughout the primary term and renewal periods, offering consistent NOI growth and a built-in hedge against inflation. The lease is structured as absolute NNN, with zero landlord responsibilities, making this an ideal, management-free investment opportunity for passive or out-of-state investors.
Investment highlights
Brand New 20-Year Lease | Annual 2.5% Rental Increases
Corporate Guaranty Absolute NNN | Zero Landlord Responsibilities
Excellent Accessibility On E Madison St (9,600 VPD)
Rural Healthcare Destination
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