1215 Trinity Pl - Health Care FOR SALE
Mishawaka, IN 46545 |
1215 Trinity Pl
Mishawaka, IN 46545
HIGHLIGHTS
- HIGH NET WORTH PERSONAL GUARANTEE – Each lease will be personally guaranteed by a principal of the operating company
- LONG-TERM LEASES – The tenant will execute 15-year leases at each site at closing, eliminating any potential near-term rollover risk.
- ABSOLUTE NNN LEASES – Each site will feature an absolute NNN lease with no landlord responsibilities, making these investments hands off
- ATTRACTIVE ANNUAL ESCALATORS – The leases across each site in the portfolio will include 3% annual rent escalators
- GROWING OPERATOR – The operator is on track to expand their footprint significantly this year while planning to open 30 new centers nationwide
- BEST-IN-CLASS MANAGER – Managed by Ascension Recovery Services, these facilities benefit from the organization’s extensive experience
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
INDIANA TREATMENT CENTERS | 15 YR ABS NNN 3%
PROPERTY TYPE
Health Care
TOTAL BUILDING SIZE
33389
STORIES
1
BUILDING CLASS
C
YEAR BUILT
2014
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
3.7 AC AC
LAND SF
161,161 SF
ZONING
-
APN/PARCEL ID
71-04-34-126-018.000-022
