MainStreet Family Care Double NN Net Lease Medical Alabama

Sands Investment Group is Pleased to Present Exclusively For Sale the Double NN Net Lease Investment Opportunity Located at 1401 Highway 14 in Millbrook, Alabama.

• ~9 Years Remaining on a Double Net (NN) Lease With Four (4) Five (5) Year Options Periods
• Landlord is Responsible For Roof and Structure (Structure Only; Includes Long Term Roof Warranty)
• 10% Rent Increases Every 5 Years During Initial Term
• 9.19% Cash-on-Cash Return
• Property Sits Directly Across the Street From a Walmart Supercenter
• Located at the Entrance of a Proposed New Development, Millbrook Crossings, Which Features 250,000 SF of Retail, Town Homes and Multi-Family Living
• Located 9-Miles From Montgomery, Which is the State Capital of Alabama
• MainStreet Family Care Operates Over 17 Clinics Across Alabama
• Stable Regional Tenant Undergoing Rapid Growth
• Excellent Visibility From Highway 14 Which Sees Over 28,600 Vehicles Per Day
• Limited Competition in the Trade Area
• Easy Access – Multiple Points of Entry
• Strong Demographics – Average Household Income of $71,823 Within a 5-Mile Radius
• Nearby Tenants Include: YMCA, Walmart Supercenter, Zaxby’s, Dollar Tree, Wendy’s and More

In Cooperation with BoR: Andrew Ackerman – Lic. #C0001099750

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