Centra Health | Lynchburg, VA
Sands Investment Group is Pleased to Present For Sale the Centra Health Medical Located in Lynchburg, Virginia. Centra Health Occupies Half of the Building and Has One (1) Year Left on Their Lease. Sitting Well at the Well Counseling Has Expanded Their Operating Area and Recently Signed a Brand New 5 Year Lease, Showing Their Ability to Gain Traction in the Area, Providing For a Unique Investment.
- Centra Health Occupies Half of the Building and Has One Year Left on Their Lease
- Both Tenants Have Below Market Rent, Allowing the New Owner to Raise Rents Upon Renewals
- Centra Health is an Investment Grade Tenant With a Credit Rating of Baa1 (Moody’s); Centra Has Recently Put in Over $100,000 in Cap Ex Showing Their Commitment to the Site
- Sitting Well Counseling Has Expanded Their Operating Area and Recently Signed a Brand New 5 Year Lease, Showing Their Ability to Gain Traction in the Area
- Strong Demographics With 47,500 Residents Making an Average Household Income of $75,000 Within a 3-Mile Radius
- Property is Situated On a Large Four Lane Road That Sees Over 13,000 Vehicles Per Day
- The Location is 2.5-Miles From Centra Lynchburg General Hospital
In Cooperation With: Scott Reid & ParaSell Inc., a Licensed VA Broker #0226032019 Scott Reid & ParaSell, Inc. Works With Prospective Virginia Resident Buyers
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