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6132 NE 12th Ave
Pleasant Hill, IA 50327
ThriveNow Recovery | 8.50 Cap | 15 Yr Abs NNN · Health Care Property For Sale
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23,689 SF
Investment Highlights
- HIGH NET WORTH PERSONAL GUARANTEE – Each lease will be personally guaranteed by a principal of the operating company.
- ABSOLUTE NNN LEASES – Each site will feature an absolute NNN lease with no landlord responsibilities, making these investments hands off.
- GROWING OPERATOR – The operator is on track to expand their footprint significantly this year while planning to open 30 new centers nationwide.
- LONG-TERM LEASES – The tenant will execute 15-year leases at each site at closing, eliminating any potential near-term rollover risk.
- ATTRACTIVE ANNUAL ESCALATORS – The leases across each site in the portfolio will include 3% annual rent escalators.
- BEST-IN-CLASS MANAGER – Managed by Ascension Recovery Services, these facilities benefit from the organization’s extensive experience.
Property Facts
Property Taxes
| Parcel Number | 221/00150-503-000 | Improvements Assessment | $4,308,000 |
| Land Assessment | $532,000 | Total Assessment | $4,840,000 |
Property Taxes
Parcel Number
221/00150-503-000
Land Assessment
$532,000
Improvements Assessment
$4,308,000
Total Assessment
$4,840,000
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