Single-Tenant Office Medical

Pinnacle Treatment Center

Listing Price: $1,093,000

Cap Rate
8.00%
Tenant Name
Pinnacle Treatment Center
Years Remaining On Lease
5.00
Gross SF
12,993
Guarantor
Corporate Guarantee
Rentable SF
12,993
Price/Gross SF
$84.12
Lease Type
Double Net
Rent Per Square Feet
$7.17

Investment Overview

Marcus & Millichap is pleased to present the Pinnacle Treatment Center located in Mayfield, Kentucky.

The 12,993 square foot building is positioned on about 5 acres off of Old Dublin Road. The treatment center has easy accessibility to both Interstate 69 and U.S. Route 45, which are the two main thoroughfares that feed into and around Mayfield. Mayfield is a home-rule class city and is the county seat of Graves County, Kentucky. Mayfield is about 32 miles from Paducah, which is the largest city in the Jackson Purchase Region.

Pinnacle Treatment Center signed an original 12-year lease which commenced on October 1, 2013 and is set to expire September 30, 2025 leaving more than 5 years of lease term remaining. The lease is considered double net, with the landlord responsible for the real estate taxes associated with the building and the roof and structure. There are rare 3 percent annual rent increases in both the base term and in the five-year renewal option that is available, providing a perfect hedge against potential future inflation.

Pinnacle Treatment Centers provide inpatient and outpatient treatment for those suffering from addiction. Their services include drug-free and medication-assisted treatment, through a network of 102 facilities across Pennsylvania, New Jersey, Virginia, Indiana, Ohio, Kentucky and California.

Investment Highlights

  • 12,993 Square Foot Treatment Center Positioned on 5 Acres
  • 12-Year Lease Commenced October 2013 | 5+ Years Remaining
  • Rare 3% Annual Increases in both the Lease Term & in Each Option
  • Double Net Lease | Landlord Responsible for Taxes, Roof & Structure
  • Pinnacle Serves on Average 10,000+ People per Day
  • Pinnacle has 102 Locations Across 7 States

Exclusively Listed By

Single-Tenant Office Medical

Pinnacle Treatment Center

Listing Price: $1,093,000

Cap Rate
8.00%
Tenant Name
Pinnacle Treatment Center
Years Remaining On Lease
5.00
Gross SF
12,993
Guarantor
Corporate Guarantee
Rentable SF
12,993
Price/Gross SF
$84.12
Lease Type
Double Net
Rent Per Square Feet
$7.17

Investment Highlights

  • 12,993 Square Foot Treatment Center Positioned on 5 Acres
  • 12-Year Lease Commenced October 2013 | 5+ Years Remaining
  • Rare 3% Annual Increases in both the Lease Term & in Each Option
  • Double Net Lease | Landlord Responsible for Taxes, Roof & Structure
  • Pinnacle Serves on Average 10,000+ People per Day
  • Pinnacle has 102 Locations Across 7 States

Investment Overview

Marcus & Millichap is pleased to present the Pinnacle Treatment Center located in Mayfield, Kentucky.

The 12,993 square foot building is positioned on about 5 acres off of Old Dublin Road. The treatment center has easy accessibility to both Interstate 69 and U.S. Route 45, which are the two main thoroughfares that feed into and around Mayfield. Mayfield is a home-rule class city and is the county seat of Graves County, Kentucky. Mayfield is about 32 miles from Paducah, which is the largest city in the Jackson Purchase Region.

Pinnacle Treatment Center signed an original 12-year lease which commenced on October 1, 2013 and is set to expire September 30, 2025 leaving more than 5 years of lease term remaining. The lease is considered double net, with the landlord responsible for the real estate taxes associated with the building and the roof and structure. There are rare 3 percent annual rent increases in both the base term and in the five-year renewal option that is available, providing a perfect hedge against potential future inflation.

Pinnacle Treatment Centers provide inpatient and outpatient treatment for those suffering from addiction. Their services include drug-free and medication-assisted treatment, through a network of 102 facilities across Pennsylvania, New Jersey, Virginia, Indiana, Ohio, Kentucky and California.

Exclusively Listed By

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