Description
Graystone Capital Advisors is pleased to exclusively list for sale a Discovery Practice Management Inc. facility located in Granite Bay, CA, an immediate suburb of Sacramento. Branded as the Discovery Mood & Anxiety Program, the tenant is a nationally recognized behavioral health treatment facility specializing in a variety of mental health programs. Currently, the tenant has thirty-seven facilities in nine states. The lease structure provides the opportunity to acquire the site with no landlord responsibilities. Approximately 12 years remain on the lease, providing stable cash flow with attractive annual rental increases based on the CPI Index. The initial term was 15 years with 2x 5-year options. The tenant is obligated to report financials to ownership. The asset itself sits on a 4.32 Acre site. The 4,639 SF building is a luxury single-family home converted beautifully into a 24-hour treatment facility. As a traditional single-family home, there are five bedrooms, four full bathrooms, and one half-bath. Aside from the tenant being a coveted medical user, an alternative to a traditional retailer, this net lease asset offers a unique hedge against long-term risk. Since the asset is a residential home, the residual value of this asset will remain as strong.
Location
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Data maintained by MetroList® may not reflect all real estate activity in the market. All information has been provided by seller/other sources and has not been verified by broker. All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. All interested persons should independently verify the accuracy of all information. All real estate advertising placed by anyone through this service for real properties in the United States is subject to the US Federal Fair Housing Act of 1968, as amended, which makes it illegal to advertise "any preference, limitation or discrimination because of race, color, religion, sex, handicap, family status or national origin or an intention to make any such preference, limitation or discrimination." This service will not knowingly accept any advertisement for real estate which is in violation of the law. Our readers are hereby informed that all dwellings, under the jurisdiction of U.S. Federal regulations, advertised in this service are available on an equal opportunity basis. Updated: 8th June, 2023 2:08 PM (UTC)
Data maintained by MetroList® may not reflect all real estate activity in the market. All information has been provided by seller/other sources and has not been verified by broker. All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. All interested persons should independently verify the accuracy of all information. All real estate advertising placed by anyone through this service for real properties in the United States is subject to the US Federal Fair Housing Act of 1968, as amended, which makes it illegal to advertise "any preference, limitation or discrimination because of race, color, religion, sex, handicap, family status or national origin or an intention to make any such preference, limitation or discrimination." This service will not knowingly accept any advertisement for real estate which is in violation of the law. Our readers are hereby informed that all dwellings, under the jurisdiction of U.S. Federal regulations, advertised in this service are available on an equal opportunity basis. Updated: 8th June, 2023 2:08 PM (UTC)
Listing Agent: Brenton J Baskin
Listing Office: Graystone Capital Advisors