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Cedar Ridge - EOSIS Behavioral Health 11400 Julianne Ave N 14,060 SF Retail Building Stillwater, MN 55082 $5,743,340 ($408.49/SF) 6.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Annual rent increases the greater of 3% or CPI, 5% cap per year, but any excess carries over.
  • Operated as chemical dependency center for 30 years.
  • EOSIS was purchased by Renovus Capital in October 2023.
  • 36 Bed Dual-Diagnosis Residential Chemical Dependency Treatment Facility.
  • Lease guaranteed by EOSIS (Formerly Meridian Behavioral Health, LLC)
  • Renovus Capital Partners is a private equity firm that invests in small and mid-sized businesses.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Building Size
14,060 SF
Year Built/Renovated
1975/1979
Price
$5,743,340
Price Per SF
$408.49
Cap Rate
6.50%
NOI
$373,317
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
41.02 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03-030-21-42-0001
Land Assessment
$818,800
Improvements Assessment
$0
Total Assessment
$818,800
  • Listing ID: 34521292

  • Date on Market: 1/17/2025

  • Last Updated:

  • Address: 11400 Julianne Ave N, Stillwater, MN 55082

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