Investment Overview

Marcus & Millichap is pleased to offer for sale the Hopebridge Autism Therapy Center, a beautiful new construction medical office building, built in 2020. The property is located at 815 S Donaghey Avenue, with approximately 6,246 leasable square feet, and is fully occupied by Hopebridge Autism Therapy Center. This prominent medical office building presents a rare chance to acquire a strategically positioned asset with stable cash flow and minimal landlord responsibilities. The current tenant, Hopebridge Autism Therapy Center, has a 10-year lease in place with 5.4 years remaining on the lease as of October 2024. With a t10 percent rental escalation kicking in March of 2025, an investor can capture the additional income, going from a 3.97 percent cash-on-cash return day one to a 4.55 percent cash-on-cash in year two. Benefiting from a strategic location, Hopebridge Autism Therapy Center Office enjoys easy access, conveniently situated less than two miles from U.S. Highway 65. The intersection of South Donaghey Avenue and Dave Ward Drive sees a high estimated average daily traffic count of 31,000 vehicles. The Hopebridge Autism Therapy Center medical office building benefits from strong demographics, serving a five-mile population of approximately 74,902 residents with a three-mile average household income exceeding $75,874.