NNN Office Properties
This is a selection of some of the most attractive Net Leased Office Properties currently available. If you would like more information about any of these properties, please call John Bremner, Bremner Investments - 415-234-6093.
Principals Only, Please.
1) Fresenius Dialysis - Plymouth NC: $1,150,000, 7.25% Cap Rate, 5 Year NN Lease. This is a well established dialysis center that has been at this location for over 15 years, and just extended their NN Lease for 5 years, with two additional 5-yr options. Investment grade tenant. Offered at $1,150,000 with a 7.25% cap rate.
2) Access Medical Center - Yukon OK: $1,536,000, 6.25% Cap Rate, 12 Year Absolute NNN Lease. The Access Medical Center is operating a 15 year NNN lease, with 12 years remaining, guaranteed by Next Care Inc. (with 139 units), with 2% annual increases and three 5-yr options. Strong demographics, with 15% population growth, and over 53,000 within a 3 mile radius. Offered at $1,536,000 with a 6.25% cap rate.
3) DaVita Dialysis - Brownsville TN: $1,550,000, 7.25% Cap Rate, 8 Year NN Lease. This dialysis was built in 1992, and is now leased through April, 2026. DaVita provides a corporate guarantee, with a BB credit rating and a net worth of $16B+. Offered at $1,550,000 with a 7.25% cap rate.
4) RMCC Cancer Center & Oncology Inc. - Ponca City OK: $1,760,000, 6.25% Cap Rate, 12 Year NN Lease. The tenant is a subsidiary of McKesson Corp., one of the largest pharmaceutical distributors in the nation, with over $195B in revenues. RMCC & Oncology has been in this location for over 20 years. Offered at $1,760,000 with a 6.25% cap rate.
5) Mercy Health Forest Park - Cincinnati OH: $2,000,000, 6.67% Cap Rate, 10 Year NN Lease. Mercy Health Cincinnati LLC is a wholly owned subsidiary of Mercy Health, the largest nonprofit health system in Ohio, rated A2 by Moody's. Just over 2 miles from Mercy Health's hospital. The original 10 year lease has been extended through March 2027, with 2% annual increases. Offered at $2,000,000 with a 6.67% cap rate.
Principals Only, Please. For more information, please call John Bremner, 415-234-6093