- Corporate Guaranteed | Backed by Hammond Henry Hospital which Services Over 30,000 People with Five Locations + Over 500 Employees | Total Patient Revenue In Excess of $145m
- NNN Lease | Zero Landlord Responsibilities | Tenant Responsible for Roof & Structure | Tenant Pays All Expenses Directly
- Rapidly Growing Net Operating Income | 1.5% Annual Rental Increases | Major Hedge Against Inflation
6-Years Remaining on Initial 12-Year Lease | Lease Term Through 4/30/2032 | 8.10% CAP By End of Initial Term
Very Modest Rent of Only $15.90/SF | Remains Sub-$20/SF By End of Final Option (2nd Option) | Upside Potential Bringing Tenant to Higher Rent
- Only Urgent Care/Health Care Option within 15-Min Radius | Dominant Market Control Catering Extremely Well to Regional Demographics
- Relocation Site within Market | Extremely Sticky Tenant with Hefty Capital Injection by Tenant to Build Out Space in 2020 | Expanded Services
- Hammond-Henry Hospital has been Operating for Over 125 Years | 45% Market Share Across Henry County & Surrounding Rural Communities
- Two, 5-Year Option Terms Remaining | Include 1.5% Annual Increases | 8.8% CAP By End of 1st Option | 9.4% CAP by End of 2nd Option