Single-Tenant Office Medical
Granite Recovery Center
277 Artist Falls Rd, Conway, NH 03860
Listing Price: $2,953,757
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for a Granite Recovery Center located in North Conway, New Hampshire. The property consists of 13,739 square feet of building space and is situated on roughly 6.68 acres of land. The property is subject to a modified triple-net lease with extremely limited landlord responsibilities. The lease calls for two and a half percent (2.5%) rental increases that continue through the base term and adjust to fair market value throughout the three, five-year tenant renewal options. The guarantor on the lease, Granite Recovery Holdings, LLC, is a wholly owned subsidiary BayMark Health Services Inc., the leading provider of evidence-based opioid use disorder treatment services in North America.
Granite Recovery Center
Investment Highlights
- Modified Triple-Net Leases: Original 12-year modified tripe-net lease including extremely limited landlord responsibilities | Approximately 9.5 years of term remaining
- Corporate Guaranty: Granite Recovery Holdings, LLC
- Parent Company: BayMark Health Services, Inc.
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $2,953,757
Investment Highlights
- Modified Triple-Net Leases: Original 12-year modified tripe-net lease including extremely limited landlord responsibilities | Approximately 9.5 years of term remaining
- Corporate Guaranty: Granite Recovery Holdings, LLC
- Parent Company: BayMark Health Services, Inc.
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for a Granite Recovery Center located in North Conway, New Hampshire. The property consists of 13,739 square feet of building space and is situated on roughly 6.68 acres of land. The property is subject to a modified triple-net lease with extremely limited landlord responsibilities. The lease calls for two and a half percent (2.5%) rental increases that continue through the base term and adjust to fair market value throughout the three, five-year tenant renewal options. The guarantor on the lease, Granite Recovery Holdings, LLC, is a wholly owned subsidiary BayMark Health Services Inc., the leading provider of evidence-based opioid use disorder treatment services in North America.
Exclusively Listed By
Broker of Record
Financing By
