Behavioral Health Building | Fair Oaks, California

For Sale

Behavioral Health Building | Fair Oaks, California

Asking Price: $7,940,000 | Cap Rate: 7.15%

• Net Operating Income: $567,912
• Weighted Avg. Lease Term (WALT): 20 Years
• Lease Type: Absolute Net

Property Highlights

• Sale-Leaseback: tenant will sign a 20-year absolute net lease upon closing
• Property is made up of 3 buildings, which have a combined total of 49 licensed beds
• Current owner completed a full renovation of all three buildings in the year 2020
• Capital improvements include, but not limited to: new HVAC units in each building, fire alarm and monitoring system upgrades, replaced the old flooring with new tile flooring