Mental Health Cooperative NNN Medical Asset Tennessee

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Investment Offering

Tenant: Mental Health Cooperative – NNN | Memphis, TN
Premises: 8,735 SF
Renewal Options: 1 x 5 Year Option

Lease Expiration: 12/31/2029
Lease Type: NNN
Rental Increases: 3% Annually

Sands Investment Group is Pleased to Offer For Sale Mental the Health Cooperative NNN Asset Located at 3430 Summer Avenue, a Stand-Alone Medical Building Located in East Memphis on a High Traffic Road (27,207 AADT). The Building Contains 8,567 SF of Medical Office Space Occupied By Mental Health Cooperative. The Company Reported a Gross Revenue of $64,841,419 in 2020 and is Continuing Its Expansion. There Are 13 Locations Across Tennessee With Their Headquarters Residing in Nashville.

5-Year Lease With 3% Escalations Every Year, Offering a Hedge Against Inflation
National Credit Medical Tenant Provides LL With Passive Income
Area Retailers Include Walgreens, Dollar General, Pizza Hut, AutoZone, Tops BBQ, Newly Constructed Starbucks, Chick-Fil-A and Chipotle
Freestanding Building With Electronically Gated Private Parking
2.2-Miles North of University of Memphis
4-Miles East of Overton Park and 5.8 Miles East of the Medical District

In Cooperation With Sands Investment Group Tennessee, LLC – Lic. #263973 BoR: Tom Gorman – Lic. TN #370394

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Tenant Overview

MENTAL HEALTH COOPERATIVE

MHC was founded in Nashville, Tennessee, in response to the need for assertive community-based treatment for individuals who have required frequent inpatient psychiatric hospitalization. Since 1993, MHC has been passionately helping adults with severe mental illness to live quality lives in the community with our state-of-the-art treatment and support. In 1999, MHC recognized the need to support the whole family and expanded services to include children and youth.We established our non-profit agency by merging three community organizations: Urban Case Management of Meharry Community Health Center, Continuous Treatment Team of Council of Community Services, and Mobile Crisis Team of the Crisis Intervention Center. MHC emphasizes a person-centered, recovery-oriented approach, focusing on empowering clients and involving them in their own treatment plans.

Area Overview