Single-Tenant Office Medical
Herself Health - Crystal, MN
5200 Douglas Dr N, Crystal, MN 55429
Listing Price: $4,200,000
Investment Overview
Fully Renovated to Tenant’s Specifications
- Over $1.7 Million in Improvements Completed
Multiple Senior Living Communities in Area
- Approximately 1,000 Units within 2 Miles
Seasoned Leadership Team Resumés
- C Suite comprised of former executives of Amazon Care, Humana, DaVita, Oak Street Health, and
Tenet Healthcare
Herself Health - Crystal, MN
Investment Highlights
- New Fifteen Year Corporate Lease - Three Five Year Options to Renew
- Attractive Rental Increases (8.10% Blended Cap) - 42% Rent Growth During Initial Lease Term - 8% in Year 4 | 2.5% Annually Thereafter
- Triple Net Lease Structure - Limited Landlord Responsibilities
Listing Price: $4,200,000
Investment Highlights
- New Fifteen Year Corporate Lease - Three Five Year Options to Renew
- Attractive Rental Increases (8.10% Blended Cap) - 42% Rent Growth During Initial Lease Term - 8% in Year 4 | 2.5% Annually Thereafter
- Triple Net Lease Structure - Limited Landlord Responsibilities
Investment Overview
Fully Renovated to Tenant’s Specifications - Over $1.7 Million in Improvements Completed Multiple Senior Living Communities in Area - Approximately 1,000 Units within 2 Miles Seasoned Leadership Team Resumés - C Suite comprised of former executives of Amazon Care, Humana, DaVita, Oak Street Health, and Tenet Healthcare
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