Investment Overview

Marcus & Millichap is Pleased to Present the MedMark Treatment Centers Located in Youngstown, Ohio. The Single Tenant Medical Office Condo is 100% Leased to the National Leader in Opioid Addition Treatment, MedMark Treatment Centers. MedMark has Leased in Youngstown Since 2018 and Currently has 4.3 Years Remaining on the 1st Lease Amendment with One, Five Year Renewal Option. Per American Addiction Centers, Over 48.5 Million American’s Battle a Substance Use Disorder which is Over 16% of the United States Population. MedMark Treatment Centers was Founded in 2006 and is Part of the BayMark Health Service Network. Combined they have Over 167 Locations Across 26 States. MedMark delivers evidence-based care through a combination of FDA-approved medications—such as methadone and buprenorphine—alongside individualized counseling, behavioral therapy, and recovery support services. The Tenant is Owned by Private Equity Firm “Webster Equity Partners” who was Founded in 2006 and Currently has Over $9.5 Billion Assets Under Management. Webster Equity Partners has Invested in Over 370 Add-On or Platform Investments and Continue to Serve the Medical Service Providers in their Company Portfolio. The 9,833 Square Foot Medical Office Condo was Developed in 1998 and Requires Minimal Landlord Obligations Under the Triple-Net (NNN) Lease. The Multi-Unit Subsidiary Lease Guarantee Offers Stable Returns Via the 2% Annual Rent Increases that Run through the Initial Term and All the Renewal Options. The Medical Office Condo is Surrounded by an Array of Medical Office Buildings, Condo’s, Retailors and more. Neighboring Businesses Include: The Orthopaedic Surgery Center, Wendy’s, Taco Bell, McDonalds, Dunkin’ Donuts, Shell Gas and more. The Building is Situated Just Off Interstate 680 which is a Major Thoroughfare Running through Youngstown and Features an Average Traffic Count of 18,000 Vehicles Per Day.