For Sale

Behavioral Health Building Portfolio | California

Asking Price: $15,260,000 | Cap Rate: 6%

  • Net Operating Income: $915,895
  • Weighted Avg. Lease Term (WALT): 17 Years
  • Lease Type: Absolute Net

Property Highlights

  • Portfolio of 2 single-tenant, free-standing, healthcare properties (can be purchased together or separate)
  • 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
  • Both leases are absolute net with zero landlord responsibilities and have 2, 5-year renewal options with 2.5% annual increases to hedge against inflation
  • Ideal 1031 Exchange Opportunity