Listed by CrownPoint Partners
$12,566,000
12 YEAR ABS NNN | Corp Lease | Long Term Care Facility
Details
Property Type Office, Senior Living
Sub Type Medical Office
Square Footage 35,600
Net Rentable (SqFt) 35,600
Cap Rate 8.12%
NOI $1,020,000
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 12
Remaining Term 12
Rent Bumps Yes
Lease Options Two Five-Year Options
Price per SqFt $353
Broker Co-Op Yes
Class A
Year Built 2014
Year Renovated 2025
Acreage 4.260
Investment Type Net Lease
Tenant Credit Corporate Guarantee
12-year Absolute Triple Net (NNN) lease
Marketing description
Long-Term Absolute NNN Lease Structure
The offering features a 12-year Absolute Triple Net (NNN) lease, providing investors with secure, predictable cash flow and NO management responsibilities. Under the ABS NNN structure, the tenant is responsible for all operating expenses, including property taxes, insurance, maintenance, and capital expenditures, creating a truly passive investment for ownership.
Listing Contacts
Listed by CrownPoint Partners
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$1,020,000.00
$85,000.00/mo
Valuation Metrics
0
DSCR
8.12%
Cap Rate
8.12%
ROI
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Property History
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