Property details

20-Year NNN Senior Housing Memory Care Facility, Southeast Region

Property Description

20-Year NNN Senior Housing Memory Care Facility

Two single-tenant, 20-year NNN sale-leaseback opportunities with a proven operator.

Opportunity to own two brand new senior living memory care facilities.

The new 20-year lease will commence at closing.

Pricing is firm.

Both are priced at $19M each.

One has a 6.00% Cap Rate and the other has a 6.31% cap rate.

Opportunity to own one or two long term NNN lease with long-term, stable cash flows and zero landlord responsibilities.

Cutting edge prototype and construction

These are off-market, confidential, controlled and deliverable properties.

As a first step, the owner requires that any interested buyer must provide first sign a NDA (we will prepare) and provide BIO that will show the buyer's ability to close. Upon review and approval by the owner, additional due diligence information will be released. These properties are priced Net To Owner. Buyer is responsible for a 2.00% brokerage fee



Net Lease Properties For Sale



Senior Housing Properties For Sale


About the Tenant

Proven Operator

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Highlights

Status:
Sold
Price:
$19,000,000
PSF:
$411
Cap Rate:
6.31%
Rent Increases:
Inquire
 

Property Information

Building Size:
46,200 sq.ft.
Property Type:
Net Lease
Industry Type:
Senior Housing
Units/Spaces:
1
Purchase Tenure:
Fee Simple
 

Lease information

Tenant:
20-Year NNN Senior Housing Memory Care Facility
Lease Type:
NNN
Lease Expiration:
05/01/2039
Lease Remaining:
20.0 years
Landlord Responsibilities:
NNN - zero landlord responsibilities
Options:
Inquire
 

Existing financing information

N/A

The information contained herein contains confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient will be prohibited. The information contained herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about the accuracy or completeness of the information. As a buyer, it is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this property to you depends on factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. We have no knowledge of this offering other than the information received from Seller or their representatives. We are neither your agent or an agent for the seller. We will not participate in the negotiation of the purchase price or attend the showing of this property. As a buyer, you will be required to indemnify us and hold us harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.