absolute nnn lease

LHC Group, Inc. | Melbourne, FL

Sands Investment Group is Pleased to Present Exclusively For Sale the 19,335 SF LHC Group Home Healthcare Absolute NNN Lease Investment Opportunity Located at 8060 Spyglass Hill Road in Melbourne, Florida. With Over 6 Years Left on an Absolute Triple Net (NNN) Lease and Attractive CPI Annual Increases, This Opportunity Provides For a Best-of-Class Investment With Income Growth of an Established Tenant in the Desirable South Florida Market.

  • Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
  • Well Below Market Rent; The Subject Rent is $16.33 and the Market Rent is $19.55 Per Foot
  • Corporately Guaranteed By LHC Group, Inc Which is a Publicly Traded Company (Market Cap – 6.31 Billion)
  • LHC Group is the Second Largest Home Health Care Agency in the United States
  • LHC Group is the Preferred In-Home Healthcare Partner For 400 Leading Hospitals Around the Country
  • Strategically Located in a Major Medical Corridor Less Than 2-Miles From the Health First Viera Hospital
  • Strong Home-Health Demographics With Over 25% of the Population Being Over 65 Years of Age Within a 5-Mile Radius
  • The Average Household Income Exceeds $102,100 Within a 5-Mile Radius
  • The Property is Located Just Off of Murrell Road Which Sees Approximately 19,300 VPD
  • Nearby Tenants Include: Target, Hobby Lobby, Walmart Supercenter, Outback Steakhouse, Walgreens, Publix, AMC Avenue 16, Belk, PetSmart, Domino’s Pizza, Taco Bell, Walgreens and Many More

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

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