Triple Net Medical Center

Sacred Heart Health System, Inc | Santa Rosa Beach, FL


Sands Investment Group is Pleased to Present Exclusively For Sale the Sacred Heart Health Cancer Center Triple Net Medical Center Located at 27 Mack Bayou Road and the Sacred Heart Health Pediatrics Located at 23 Mack Bayou Road in Santa Rosa Beach, Florida. Both Properties Signed a New 10-Year NNN Lease Extensions on 11/01/2021. The Properties Are Adjacent to Ascension Sacred Heart Hospital Emerald Coast With 27 Mack Bayou Being On-Campus. The Properties Were Built-to-Suit For Sacred Heart Health and Have a Total 21,968 SF.

  • New 10-Year Triple Net (NNN) Lease Extension Signed on 11/01/2021
  • Both Properties Are Located Across the Street From the Ascension Sacred Heart Hospital Emerald Coast
  • Both Buildings Were Built-to-Suit For Sacred Heart Health
  • 27 Mack Bayou, Sacred Heart Cancer Center, is on Campus With a Tunnel Connecting the Property to Ascension Sacred Heart Hospital Emerald Coast
  • Excellent Demographics Surrounding the Properties With an Average Household Income Above $100,000
  • Properties are Located Right Off the US Highway 98 Which Sees 41,101 VPD
  • Located ½-Mile From the Grand Boulevard Town Center; 765,000 SF of Retail and Restaurant Space, Custom, Class-A Office Space and Three On-Site Hotels to Bring You an Upscale, Open-Air Environment Just Steps From Sandestin’s Exclusive Resorts and South Walton’s World-Famous Beaches
  • Strong Annual Population Growth Between 2010-2021: 3-Miles: 8.40% Annually; 5-Miles: 7.80% Annually; 10-Miles 5.60% Annually
  • Excellent Projected Annual Population Growth of 2021-2026: 3-Miles: 4.00% Annually; 5-Miles: 3.90% Annually; 10-Miles 3.10% Annually

In Cooperation With: SIG RE Services, LLC Lic. # CQ1055229

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