Behavioral Health Building | San Diego, California

For Sale

Behavioral Health Building | San Diego, California

Asking Price: $6,030,000 | Cap Rate: 6%

• Net Operating Income: $361,835
• Weighted Avg. Lease Term (WALT): 17 Years
• Lease Type: Absolute Net

Property Highlights

• Stabilized investment: tenant has 17 years remaining on their initial 20-year term
• Property is made up of 1 two-story building, which has a total of 32 licensed beds
• Current owner completed a full renovation of the building in the year 2019
• Capital improvements include, but not limited to: new HVAC unit, fire alarm and monitoring system upgrade, replacement of building roof, re-piping underground drain lines, exterior stucco repairs and upgrades, and more