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Views: 44 DOM: 17 Updated: 02.04.25 Posted: 02.04.25 Status: Active

Summary

Price $11,181,500
Built/Renov 2024
Tenant HCA Healthcare
Cap Rate 5.45%
Lease Type NN+
Guarantor Corp T and Rated
Size/SF 19,980
Lease Start 07-15-2024
#Units 2,186
Price/SF $559.63
Expiration 07-31-2034
Tenant Type Medical/Health
NOI $609,390
R. Term 9.5
Ownership Fee Simple
Rent/SF $30.50
Increases 2.5%/1/yrs
Pop 5Mi 107,513
Lot/AC 1.93
Options 4/5yrs
AHHI 5Mi $169,243

Lease Highlights

  • Brand new 2024 construction-
  • 9+ years remaining on the current lease term with 4 (5-year) options to extend-
  • The lease features 2.5% annual rental increases throughout the initial term, FMV at the start of each option period-
  • Favorable NN+ lease with landlord responsible for roof and structure-
  • Corporate guaranteed lease

Location Description

HCA Healthcare is located in a prime area with a traffic count of 36,000 vehicles per day, offering excellent visibility and accessibility. The facility is conveniently situated near major highways, including I-95 and Broad Street, providing easy access to surrounding areas. Nearby national tenants include well-known retailers such as Target, Walmart, and CVS, along with local shopping centers...

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Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

About Tenant

HCA Virginia Health System is the Commonwealth of Virginia’s most comprehensive medical provider network. The private, for-profit hospital was established in 1975. The company is part of HCA...


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Listing Broker

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