Single-Tenant Office
MedMark Medical Center | Lafayette, IN
4705 Meijer Ct, Lafayette, IN 47905
Listing Price: $2,747,000
Investment Overview
Marcus & Millichap is pleased to exclusively represent the Single Tenant Net Leased Investment, MedMark Treatment Center location at 4705 Meijer Court, Lafayette, Indiana (Lafayette-West Lafayette, Indiana MSA: Population: 223,716). Baymark Health Services dba MedMark Treatment Centers has been a tenant since 2018 and recently executed a 5-year NNN renewal (minimal landlord responsibilities). The subject property is a 12,720 SF single story medical office building built in 2005 and renovated in 2018, situated on 3.48-acre lot with ground for future expansion. BayMark Health Services is a leading provider of evidence-based opioid use disorder treatment services in North America. They have over 400 locations across the United States and Canada, with over 73,000 patients and an annual revenue of $300 million. Owned by Webster Equity Partners, a private equity firm that has invested over $1.4 billion in healthcare services, branded consumer and business services, and overseen a 20% growth through acquisitions and new centers since October 2021.
MedMark Medical Center | Lafayette, IN
Investment Highlights
- MedMark Treatment Center Recently Executed a Five Year NNN Lease Renewal | Tenant Since 2018 | Plus Additional Renewal Options
- BayMark Health Services is a Leading Provider of Evidence-Based Opioid Use Disorder Treatment Services; Over 400 Locations in the United States and Canada, Over 73,000 Patients; $300M Annual Revenue
- Situated in a Dense Retail Corridor with an Abundance of National Retailers and Hotels, Including Walmart, Meijer, McDonald's, Lowe's, Target, and The Home Depot
- 15 Minutes From Purdue University, a Big Ten School with an Enrollment of 50,884 and the Largest Employer in the Area Educated Population: 34 Percent Residents 25 or Older Hold a Bachelor's Degree (National Average: 31%) 185,981 Residents Within 10 Miles with an Average Household Income of $70,137
- High Traffic Area Located off Indiana State Road 26 (21,879 Vehicles Per Day) and I-65 (57,160 Vehicles Per Day) Interchange
Exclusively Listed By
Financing By
Listing Price: $2,747,000
Investment Highlights
- MedMark Treatment Center Recently Executed a Five Year NNN Lease Renewal | Tenant Since 2018 | Plus Additional Renewal Options
- BayMark Health Services is a Leading Provider of Evidence-Based Opioid Use Disorder Treatment Services; Over 400 Locations in the United States and Canada, Over 73,000 Patients; $300M Annual Revenue
- Situated in a Dense Retail Corridor with an Abundance of National Retailers and Hotels, Including Walmart, Meijer, McDonald's, Lowe's, Target, and The Home Depot
- 15 Minutes From Purdue University, a Big Ten School with an Enrollment of 50,884 and the Largest Employer in the Area Educated Population: 34 Percent Residents 25 or Older Hold a Bachelor's Degree (National Average: 31%) 185,981 Residents Within 10 Miles with an Average Household Income of $70,137
- High Traffic Area Located off Indiana State Road 26 (21,879 Vehicles Per Day) and I-65 (57,160 Vehicles Per Day) Interchange
Investment Overview
Marcus & Millichap is pleased to exclusively represent the Single Tenant Net Leased Investment, MedMark Treatment Center location at 4705 Meijer Court, Lafayette, Indiana (Lafayette-West Lafayette, Indiana MSA: Population: 223,716). Baymark Health Services dba MedMark Treatment Centers has been a tenant since 2018 and recently executed a 5-year NNN renewal (minimal landlord responsibilities). The subject property is a 12,720 SF single story medical office building built in 2005 and renovated in 2018, situated on 3.48-acre lot with ground for future expansion. BayMark Health Services is a leading provider of evidence-based opioid use disorder treatment services in North America. They have over 400 locations across the United States and Canada, with over 73,000 patients and an annual revenue of $300 million. Owned by Webster Equity Partners, a private equity firm that has invested over $1.4 billion in healthcare services, branded consumer and business services, and overseen a 20% growth through acquisitions and new centers since October 2021.
Exclusively Listed By
Financing By
