Single-Tenant Office Medical
Zinnia Health | 15-Years Remaining | Desirable Providence MSA
251 Main St, Exeter, RI 02822
Listing Price: $8,567,308
Investment Overview
The Tenant, Zinnia Health, is subject to a 12-year absolute NNN lease that commenced in June 2022. The lease features annual rental increases of three percent (3%) which provides an excellent hedge against inflation. Zinnia Exeter provides in-house treatment for patients with alcohol and/or other drug addiction. Zinnia also offers individualized aftercare plans, which are essential in establishing long-term recovery.
Single-Tenant Office Medical
Zinnia Health | 15-Years Remaining | Desirable Providence MSA
Listing Price: $8,567,308
Investment Highlights
- New 15-Year NNN Lease
- Three Percent Annual Increases
- One of Two Residential Treatment Centers In the State with a Population Over 1 Million
Investment Overview
The Tenant, Zinnia Health, is subject to a 12-year absolute NNN lease that commenced in June 2022. The lease features annual rental increases of three percent (3%) which provides an excellent hedge against inflation. Zinnia Exeter provides in-house treatment for patients with alcohol and/or other drug addiction. Zinnia also offers individualized aftercare plans, which are essential in establishing long-term recovery.
